Org.nr 919 085 282 2021 → 2022 Year-over-year analysis

2HOME AS: årsregnskap 2022 vs 2021

Grew 8% on revenue, slipped into loss

approved 2023-06-30; registry 2023-10-05; journal 2023 732923

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 2HOME AS. Revenue 8.52m NOK → 9.20m NOK (+8.0%). Net result +94.3k NOK → -495.3k NOK. Equity 326.6k NOK → -168.7k NOK.

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

Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for 2HOME AS.

Scorecard

Revenue
8.52m NOK 9.20m NOK
+8.0%
Operating result
+185.0k NOK -289.3k NOK
-256.4%
Net result
+94.3k NOK -495.3k NOK
-625.5%
Equity
326.6k NOK -168.7k NOK
-151.7%
Cash
112.3k NOK 67.7k NOK
-39.7%
Total assets
4.76m NOK 5.61m NOK
+17.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.52m NOK to 9.20m NOK (+8.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +185.0k NOK → -289.3k NOK (op. margin 2.2% → -3.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 94.3k NOK profit to a loss of 495.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 326.6k NOK → -168.7k NOK (equity ratio 6.9% → -3.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 112.3k NOK → 67.7k NOK (-39.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -3.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 4.57m NOK → 4.82m NOK (+5.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 36.5k NOK → 0 NOK. Reported fact