Org.nr 917 875 170 2022 → 2023 Year-over-year analysis

2CREATE AS: årsregnskap 2023 vs 2022

Shrank 95% on revenue

approved 2024-05-31; registry 2024-08-03; journal 2024 715946

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 2CREATE AS. Revenue 18.4k NOK → 891 NOK (-95.2%). Net result -5 504 NOK → -6 862 NOK. Equity 30.6k NOK → 23.7k NOK.

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

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for 2CREATE AS.

Scorecard

Revenue
18.4k NOK 891 NOK
-95.2%
Operating result
-4 933 NOK -6 862 NOK
-39.1%
Net result
-5 504 NOK -6 862 NOK
-24.7%
Equity
30.6k NOK 23.7k NOK
-22.5%
Cash
6 932 NOK n/m
—
Total assets
42.1k NOK 35.9k NOK
-14.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 18.4k NOK to 891 NOK (-95.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -4 933 NOK → -6 862 NOK (op. margin -26.8% → -770.1%). Calculated

  • ↓

    Net result weakened

    Net result -5 504 NOK → -6 862 NOK (net margin -29.9% → -770.1%). Calculated

  • ↓

    Equity eroded

    Book equity 30.6k NOK → 23.7k NOK (equity ratio 72.6% → 66.1%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.58× → 0.98× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 6 197 NOK → 0 NOK (-100.0% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2 → 0. Reported fact