Org.nr 917 619 727 2022 → 2023 Year-over-year analysis

2CW GRUPPEN AS: årsregnskap 2023 vs 2022

Weaker earnings, cash halved-plus

approved 2024-06-27; registry 2024-07-03; journal 2024 569384

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 2CW GRUPPEN AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +763.0k NOK → +228.8k NOK. Equity 25.51m NOK → 1.03m NOK.

On the constructive side: operating result improved. Pressures included: net result weakened; equity eroded; cash fell.

Also worth watching: thin equity buffer; 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
-123.3k NOK -123.0k NOK
+0.2%
Net result
+763.0k NOK +228.8k NOK
-70.0%
Equity
25.51m NOK 1.03m NOK
-96.0%
Cash
1.70m NOK 781.6k NOK
-54.1%
Total assets
27.44m NOK 27.41m NOK
-0.1%

What improved

  • ↑

    Operating result improved

    Operating result -123.3k NOK → -123.0k NOK. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +763.0k NOK → +228.8k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 25.51m NOK → 1.03m NOK (equity ratio 93.0% → 3.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.70m NOK → 781.6k NOK (-54.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 24.09m NOK → 24.98m NOK. Reported fact