20TWENTY AS: årsregnskap 2023 vs 2022
Grew 18% on revenue, weaker earnings
approved 2024-03-26; registry 2024-04-02; journal 2024 341460
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 20TWENTY AS. Revenue 6.36m NOK → 7.50m NOK (+18.0%). Net result +905.4k NOK → +684.8k NOK. Equity 804.2k NOK → 2.49m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for 20TWENTY AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.36m NOK to 7.50m NOK (+18.0% YoY). Calculated
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↑
Equity strengthened
Book equity 804.2k NOK → 2.49m NOK (equity ratio 18.5% → 50.1%). Calculated
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↑
Cash rose
Bank deposits 1.94m NOK → 3.02m NOK (+55.8% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +905.4k NOK → +684.8k NOK (net margin 14.2% → 9.1%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 0 NOK → 6 418 NOK (None YoY). Calculated
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·
Book investments changed
Investment / intangible book value 704.1k NOK → 408.4k NOK. Reported fact