2INSTINCTS AS: årsregnskap 2024 vs 2023
Shrank 42% on revenue, slipped into loss
approved 2025-04-14; registry 2025-07-05; journal 2025 635966
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for 2INSTINCTS AS. Revenue 3.40m NOK → 1.96m NOK (-42.4%). Net result +81.7k NOK → -130.4k NOK. Equity 574.6k NOK → 444.2k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 2INSTINCTS AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 73.9k NOK → 123.9k NOK (+67.6% YoY). Calculated
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↑
Payroll decreased
Salary cost 287.5k NOK → 104.9k NOK (8% → 5% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.40m NOK to 1.96m NOK (-42.4% YoY). Calculated
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↓
Operating result weakened
Operating result +89.2k NOK → -120.9k NOK (op. margin 2.6% → -6.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 81.7k NOK profit to a loss of 130.4k NOK. Calculated
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↓
Equity eroded
Book equity 574.6k NOK → 444.2k NOK (equity ratio 28.3% → 28.5%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 2.99m NOK → 1.35m NOK (-55.0% YoY). Calculated