2C CREATIVE AS: årsregnskap 2022 vs 2021
Shrank 62% on revenue, weaker earnings, cash halved-plus
approved 2023-06-30; registry 2023-07-10; journal 2023 596988
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 2C CREATIVE AS. Revenue 92.6k NOK → 34.9k NOK (-62.3%). Net result +88.6k NOK → +21.4k NOK. Equity -178.6k NOK → -157.2k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 2C CREATIVE AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity -178.6k NOK → -157.2k NOK (equity ratio -691.6% → -5166.0%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 92.6k NOK to 34.9k NOK (-62.3% YoY). Calculated
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↓
Operating result weakened
Operating result +88.6k NOK → +21.4k NOK (op. margin 95.7% → 61.4%). Calculated
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↓
Net result weakened
Net result +88.6k NOK → +21.4k NOK (net margin 95.7% → 61.4%). Calculated
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↓
Cash fell
Bank deposits 25.8k NOK → 3 042 NOK (-88.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -5166.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation