2GM EIENDOM AS: årsregnskap 2023 vs 2022
Grew 35% on revenue, weaker earnings, cash halved-plus
approved 2024-05-24; registry 2024-06-14; journal 2024 469368
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 2GM EIENDOM AS. Revenue 8.13m NOK → 11.00m NOK (+35.4%). Net result +929.8k NOK → +232.1k NOK. Equity 9.70m NOK → 9.94m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for 2GM EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 8.13m NOK to 11.00m NOK (+35.4% YoY). Calculated
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↑
Operating result improved
Operating result +2.99m NOK → +4.47m NOK (op. margin 36.7% → 40.6%). Calculated
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↑
Equity strengthened
Book equity 9.70m NOK → 9.94m NOK. Calculated
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↑
Current ratio back above 1×
Current ratio 0.57× → 1.86×. Calculated
What deteriorated
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↓
Net result weakened
Net result +929.8k NOK → +232.1k NOK (net margin 11.4% → 2.1%). Calculated
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↓
Cash fell
Bank deposits 362.9k NOK → 86.4k NOK (-76.2% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 551.0k NOK → 2.60m NOK (7% → 24% of revenue). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 0 → 1. Reported fact