2FT HOLDING AS: årsregnskap 2023 vs 2022
Shrank 100% on revenue, weaker earnings, cash halved-plus
approved 2024-07-01; registry 2024-07-10; journal 2024 605843
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 2FT HOLDING AS. Revenue 175.0k NOK → 300 NOK (-99.8%). Net result -143.9k NOK → -374.4k NOK. Equity 7.10m NOK → 6.02m NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: sharp cash drawdown; paid-in equity reduced. All figures are taken from the published annual accounts for 2FT HOLDING AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 175.0k NOK to 300 NOK (-99.8% YoY). Calculated
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Operating result weakened
Operating result -152.6k NOK → -528.6k NOK (op. margin -87.2% → -176190.7%). Calculated
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Net result weakened
Net result -143.9k NOK → -374.4k NOK (net margin -82.2% → -124790.0%). Calculated
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Equity eroded
Book equity 7.10m NOK → 6.02m NOK (equity ratio 60.2% → 56.3%). Calculated
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Cash fell
Bank deposits 2.66m NOK → 718.6k NOK (-73.0% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (2.66m NOK → 718.6k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Paid-in equity reduced
Paid-in equity fell 7.10m NOK → 6.02m NOK — check capital reduction, conversion, or reclassification. Interpretation