Org.nr 926 280 791 2021 → 2022 Year-over-year analysis

2FT HOLDING AS: årsregnskap 2022 vs 2021

Shrank 19% on revenue, stronger earnings

approved 2023-06-13; registry 2023-06-21; journal 2023 490052

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 2FT HOLDING AS. Revenue 215.1k NOK → 175.0k NOK (-18.6%). Net result -882.6k NOK → -143.9k NOK. Equity 7.74m NOK → 7.10m NOK.

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

Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for 2FT HOLDING AS.

Scorecard

Revenue
215.1k NOK 175.0k NOK
-18.6%
Operating result
-1.08m NOK -152.6k NOK
+85.9%
Net result
-882.6k NOK -143.9k NOK
+83.7%
Equity
7.74m NOK 7.10m NOK
-8.3%
Cash
3.55m NOK 2.66m NOK
-25.1%
Total assets
7.79m NOK 11.78m NOK
+51.1%

What improved

  • ↑

    Operating result improved

    Operating result -1.08m NOK → -152.6k NOK (op. margin -502.7% → -87.2%). Calculated

  • ↑

    Net result improved

    Net result -882.6k NOK → -143.9k NOK (net margin -410.3% → -82.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 215.1k NOK to 175.0k NOK (-18.6% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 7.74m NOK → 7.10m NOK (equity ratio 99.3% → 60.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.55m NOK → 2.66m NOK (-25.1% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 9.02m NOK → 7.10m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 89.1k NOK → 611 NOK (-99.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 217.3k NOK → 4 500 NOK. Reported fact