Org.nr 915 831 230 2022 → 2023 Year-over-year analysis

2B PROSJEKT AS: årsregnskap 2023 vs 2022

Shrank 94% on revenue, weaker earnings, cash halved-plus

approved 2024-05-07; registry 2024-05-13; journal 2024 409397

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 2B PROSJEKT AS. Revenue 3.16m NOK → 180.9k NOK (-94.3%). Net result -131.3k NOK → -180.0k NOK. Equity 134.7k NOK → -45.3k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 2B PROSJEKT AS.

Scorecard

Revenue
3.16m NOK 180.9k NOK
-94.3%
Operating result
-110.8k NOK -168.6k NOK
-52.2%
Net result
-131.3k NOK -180.0k NOK
-37.1%
Equity
134.7k NOK -45.3k NOK
-133.7%
Cash
59.3k NOK 742 NOK
-98.7%
Total assets
2.99m NOK 2.65m NOK
-11.5%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.16m NOK to 180.9k NOK (-94.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -110.8k NOK → -168.6k NOK (op. margin -3.5% → -93.2%). Calculated

  • ↓

    Net result weakened

    Net result -131.3k NOK → -180.0k NOK (net margin -4.2% → -99.5%). Calculated

  • ↓

    Equity eroded

    Book equity 134.7k NOK → -45.3k NOK (equity ratio 4.5% → -1.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 59.3k NOK → 742 NOK (-98.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -1.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 2.85m NOK → 106.5k NOK (-96.3% YoY). Calculated