2INSTINCTS AS: årsregnskap 2023 vs 2022
Grew 58% on revenue, returned to profit
approved 2024-05-29; registry 2024-06-19; journal 2024 520367
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 2INSTINCTS AS. Revenue 2.15m NOK → 3.40m NOK (+57.9%). Net result -223.2k NOK → +81.7k NOK. Equity 492.9k NOK → 574.6k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for 2INSTINCTS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.15m NOK to 3.40m NOK (+57.9% YoY). Calculated
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↑
Operating result improved
Operating result -214.4k NOK → +89.2k NOK (op. margin -10.0% → 2.6%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 223.2k NOK to a profit of 81.7k NOK. Calculated
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↑
Equity strengthened
Book equity 492.9k NOK → 574.6k NOK (equity ratio 18.5% → 28.3%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 110.8k NOK → 73.9k NOK (-33.3% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 279.3k NOK → 287.5k NOK (13% → 8% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 1.94m NOK → 2.99m NOK (+53.9% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 0 → 1. Reported fact