Org.nr 918 502 742 2021 → 2022 Year-over-year analysis

2FAST AS: årsregnskap 2022 vs 2021

Grew 14042% on revenue, slipped into loss

approved 2023-08-02; registry 2023-08-07; journal 2023 700172

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 2FAST AS. Revenue 7 826 NOK → 1.11m NOK (+14042.1%). Net result +158.4k NOK → -162.3k NOK. Equity 57.0k NOK → -105.2k NOK.

On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 2FAST AS.

Scorecard

Revenue
7 826 NOK 1.11m NOK
+14042.1%
Operating result
+169.9k NOK -162.3k NOK
-195.5%
Net result
+158.4k NOK -162.3k NOK
-202.5%
Equity
57.0k NOK -105.2k NOK
-284.4%
Cash
8 652 NOK 20.2k NOK
+133.0%
Total assets
105.8k NOK 163.3k NOK
+54.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7 826 NOK to 1.11m NOK (+14042.1% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 8 652 NOK → 20.2k NOK (+133.0% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 68.3k NOK → 80.0k NOK (+11.7k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +169.9k NOK → -162.3k NOK (op. margin 2170.5% → -14.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 158.4k NOK profit to a loss of 162.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 57.0k NOK → -105.2k NOK (equity ratio 53.9% → -64.4%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.17× → 0.45× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -64.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation