2HOME AS: årsregnskap 2023 vs 2022
Shrank 9% on revenue, weaker earnings
approved 2024-10-04; registry 2024-10-15; journal 2024 752691
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 2HOME AS. Revenue 9.20m NOK → 8.41m NOK (-8.6%). Net result -495.3k NOK → -1.55m NOK. Equity -168.7k NOK → -1.72m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for 2HOME AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 67.7k NOK → 94.0k NOK (+38.9% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 9.20m NOK to 8.41m NOK (-8.6% YoY). Calculated
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↓
Operating result weakened
Operating result -289.3k NOK → -1.04m NOK (op. margin -3.1% → -12.4%). Calculated
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↓
Net result weakened
Net result -495.3k NOK → -1.55m NOK (net margin -5.4% → -18.4%). Calculated
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↓
Equity eroded
Book equity -168.7k NOK → -1.72m NOK (equity ratio -3.0% → -31.5%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.25× → 1.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -31.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 4.82m NOK → 3.89m NOK (-19.2% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 3 → 4. Reported fact