FirmaIQ
Org.nr 983 569 285 2022 → 2023 Year-over-year analysis

2ENTERTAIN NORGE AS: årsregnskap 2023 vs 2022

Grew 25% on revenue, stronger earnings

approved 2024-06-20; registry 2024-07-03; journal 2024 565216

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for 2ENTERTAIN NORGE AS. Revenue 31.72m NOK → 39.67m NOK (+25.0%). Net result +961.8k NOK → +3.20m NOK. Equity 4.90m NOK → 2.32m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 2ENTERTAIN NORGE AS.

At a glance

Scorecard

Revenue
31.72m NOK 39.67m NOK
+25.0%
Operating result
+456.4k NOK +3.84m NOK
+742.0%
Net result
+961.8k NOK +3.20m NOK
+232.4%
Equity
4.90m NOK 2.32m NOK
-52.7%
Cash
6.95m NOK 9.88m NOK
+42.1%
Total assets
11.99m NOK 15.98m NOK
+33.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 31.72m NOK to 39.67m NOK (+25.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +456.4k NOK → +3.84m NOK (op. margin 1.4% → 9.7%). Calculated

  • ↑

    Net result improved

    Net result +961.8k NOK → +3.20m NOK (net margin 3.0% → 8.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 6.95m NOK → 9.88m NOK (+42.1% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 4.90m NOK → 2.32m NOK (equity ratio 40.9% → 14.5%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 13.14m NOK → 18.24m NOK (+38.8% YoY). Calculated