2CREATE AS: årsregnskap 2022 vs 2021
Shrank 74% on revenue, stronger earnings, cash halved-plus
approved 2023-07-30; registry 2023-08-02; journal 2023 678162
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 2CREATE AS. Revenue 69.9k NOK → 18.4k NOK (-73.7%). Net result -22.5k NOK → -5 504 NOK. Equity 36.1k NOK → 30.6k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for 2CREATE AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -22.5k NOK → -4 933 NOK (op. margin -32.1% → -26.8%). Calculated
-
↑
Net result improved
Net result -22.5k NOK → -5 504 NOK (net margin -32.1% → -29.9%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 69.9k NOK to 18.4k NOK (-73.7% YoY). Calculated
-
↓
Equity eroded
Book equity 36.1k NOK → 30.6k NOK (equity ratio 65.4% → 72.6%). Calculated
-
↓
Cash fell
Bank deposits 20.9k NOK → 6 932 NOK (-66.9% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 22.6k NOK → 6 197 NOK (-72.6% YoY). Calculated
-
·
Headcount (årsverk) changed
Reported FTEs 1 → 2. Reported fact