Org.nr 917 619 727 2020 → 2021 Year-over-year analysis

2CW GRUPPEN AS: årsregnskap 2021 vs 2020

Returned to profit

approved 2022-08-09; registry 2022-08-20; journal 2022 891132

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 2CW GRUPPEN AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -16.8k NOK → +14.73m NOK. Equity 10.01m NOK → 24.74m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 2CW GRUPPEN AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-64.3k NOK -41.6k NOK
+35.3%
Net result
-16.8k NOK +14.73m NOK
+87829.4%
Equity
10.01m NOK 24.74m NOK
+147.2%
Cash
1 280 NOK 1.80m NOK
+140197.7%
Total assets
56.31m NOK 26.46m NOK
-53.0%

What improved

  • ↑

    Operating result improved

    Operating result -64.3k NOK → -41.6k NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 16.8k NOK to a profit of 14.73m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 10.01m NOK → 24.74m NOK (equity ratio 17.8% → 93.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 1 280 NOK → 1.80m NOK (+140197.7% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.01× → 2.52×. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 56.31m NOK → 24.66m NOK. Reported fact