Org.nr 922 231 184 2020 → 2021 Year-over-year analysis

2 XR HOLDING AS: årsregnskap 2021 vs 2020

Weaker earnings, cash halved-plus

approved 2022-07-31; registry 2022-08-15; journal 2022 870968

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 2 XR HOLDING AS. Net result +13.99m NOK → +3.94m NOK. Equity 31.88m NOK → 17.88m NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for 2 XR HOLDING AS.

Scorecard

Operating result
-23.7k NOK -84.3k NOK
-255.8%
Net result
+13.99m NOK +3.94m NOK
-71.8%
Equity
31.88m NOK 17.88m NOK
-43.9%
Cash
2.03m NOK 918.2k NOK
-54.8%
Total assets
35.88m NOK 17.88m NOK
-50.2%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -23.7k NOK → -84.3k NOK. Calculated

  • ↓

    Net result weakened

    Net result +13.99m NOK → +3.94m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 31.88m NOK → 17.88m NOK (equity ratio 88.8% → 100.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.03m NOK → 918.2k NOK (-54.8% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 19.94m NOK → 9.97m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 23.84m NOK → 15.0k NOK. Reported fact