FirmaIQ
Org.nr 925 531 413 2021 → 2022 Year-over-year analysis

20TWENTY AS: årsregnskap 2022 vs 2021

Grew 948% on revenue

approved 2023-06-22; registry 2023-06-26; journal 2023 527133

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for 20TWENTY AS. Revenue 606.7k NOK → 6.36m NOK (+948.2%). Net result +870.9k NOK → +905.4k NOK. Equity 898.8k NOK → 804.2k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

Also worth watching: payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for 20TWENTY AS.

At a glance

Scorecard

Revenue
606.7k NOK 6.36m NOK
+948.2%
Net result
+870.9k NOK +905.4k NOK
+4.0%
Equity
898.8k NOK 804.2k NOK
-10.5%
Cash
745.6k NOK 1.94m NOK
+160.1%
Total assets
960.4k NOK 4.35m NOK
+353.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 606.7k NOK to 6.36m NOK (+948.2% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 745.6k NOK → 1.94m NOK (+160.1% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 898.8k NOK → 804.2k NOK (equity ratio 93.6% → 18.5%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.34m NOK → 5.02m NOK (716% → 79% of revenue). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 3 → 4. Reported fact