Org.nr 985 907 307 2021 → 2022 Year-over-year analysis

2K TECH AS: årsregnskap 2022 vs 2021

Shrank 54% on revenue, slipped into loss, cash halved-plus

approved 2023-06-04; registry 2023-06-07; journal 2023 467978

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 2K TECH AS. Revenue 579.1k NOK → 266.2k NOK (-54.0%). Net result +63.3k NOK → -19.8k NOK. Equity 118.2k NOK → 98.3k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for 2K TECH AS.

Scorecard

Revenue
579.1k NOK 266.2k NOK
-54.0%
Operating result
+88.8k NOK -11.9k NOK
-113.4%
Net result
+63.3k NOK -19.8k NOK
-131.3%
Equity
118.2k NOK 98.3k NOK
-16.8%
Cash
165.2k NOK 78.4k NOK
-52.5%
Total assets
337.8k NOK 206.5k NOK
-38.9%

What improved

  • ↑

    Payroll decreased

    Salary cost 293.0k NOK → 9 461 NOK (51% → 4% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 579.1k NOK to 266.2k NOK (-54.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +88.8k NOK → -11.9k NOK (op. margin 15.3% → -4.5%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 63.3k NOK profit to a loss of 19.8k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 118.2k NOK → 98.3k NOK (equity ratio 35.0% → 47.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 165.2k NOK → 78.4k NOK (-52.5% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 0. Reported fact