Org.nr 983 569 285 2021 → 2022 Year-over-year analysis

2ENTERTAIN NORGE AS: årsregnskap 2022 vs 2021

Grew 95% on revenue, returned to profit

approved 2023-06-30; registry 2023-07-11; journal 2023 569830

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 2ENTERTAIN NORGE AS. Revenue 16.24m NOK → 31.72m NOK (+95.4%). Net result -324.6k NOK → +961.8k NOK. Equity 2.94m NOK → 4.90m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for 2ENTERTAIN NORGE AS.

Scorecard

Revenue
16.24m NOK 31.72m NOK
+95.4%
Operating result
-366.2k NOK +456.4k NOK
+224.6%
Net result
-324.6k NOK +961.8k NOK
+396.3%
Equity
2.94m NOK 4.90m NOK
+66.7%
Cash
2.81m NOK 6.95m NOK
+147.7%
Total assets
8.79m NOK 11.99m NOK
+36.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 16.24m NOK to 31.72m NOK (+95.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -366.2k NOK → +456.4k NOK (op. margin -2.3% → 1.4%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 324.6k NOK to a profit of 961.8k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 2.94m NOK → 4.90m NOK (equity ratio 33.5% → 40.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.81m NOK → 6.95m NOK (+147.7% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 2.94m NOK → 300.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 7.29m NOK → 13.14m NOK (+80.2% YoY). Calculated