2F EIENDOM AS: årsregnskap 2022 vs 2021
Shrank 20% on revenue, weaker earnings, cash halved-plus
approved 2023-05-09; registry 2023-06-08; journal 2023 432634
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 2F EIENDOM AS. Revenue 9.80m NOK → 7.85m NOK (-19.9%). Net result +1.60m NOK → +722.5k NOK. Equity 1.24m NOK → 67.9k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; sharp cash drawdown. All figures are taken from the published annual accounts for 2F EIENDOM AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 9.80m NOK to 7.85m NOK (-19.9% YoY). Calculated
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Operating result weakened
Operating result +2.13m NOK → +997.4k NOK (op. margin 21.7% → 12.7%). Calculated
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Net result weakened
Net result +1.60m NOK → +722.5k NOK (net margin 16.3% → 9.2%). Calculated
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Equity eroded
Book equity 1.24m NOK → 67.9k NOK (equity ratio 18.4% → 3.6%). Calculated
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Cash fell
Bank deposits 203.89m NOK → 447.9k NOK (-99.8% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 3.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Sharp cash drawdown
Cash fell by more than 60% YoY (203.89m NOK → 447.9k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation