2C MEDIA AS: årsregnskap 2023 vs 2022
Shrank 62% on revenue, stronger earnings
approved 2024-07-27; registry 2024-08-02; journal 2024 700382
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 2C MEDIA AS. Revenue 1.59m NOK → 604.2k NOK (-62.0%). Net result +21.7k NOK → +45.0k NOK. Equity 67.6k NOK → 112.6k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 2C MEDIA AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +11.2k NOK → +57.7k NOK (op. margin 0.7% → 9.6%). Calculated
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↑
Net result improved
Net result +21.7k NOK → +45.0k NOK (net margin 1.4% → 7.5%). Calculated
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↑
Equity strengthened
Book equity 67.6k NOK → 112.6k NOK (equity ratio 29.6% → 67.1%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.59m NOK to 604.2k NOK (-62.0% YoY). Calculated
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↓
Cash fell
Bank deposits 95.3k NOK → 85.6k NOK (-10.2% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 56.4k NOK → 79.9k NOK (4% → 13% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.41m NOK → 443.9k NOK (-68.4% YoY). Calculated