FirmaIQ
Org.nr 920 243 258 2022 → 2023 Year-over-year analysis

2LATE AS: årsregnskap 2023 vs 2022

Grew 136% on revenue

approved 2024-05-19; registry 2024-05-22; journal 2024 425392

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for 2LATE AS. Revenue 112.6k NOK → 265.3k NOK (+135.7%). Net result +54.3k NOK → +59.6k NOK. Equity 187.0k NOK → 246.6k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 2LATE AS.

At a glance

Scorecard

Revenue
112.6k NOK 265.3k NOK
+135.7%
Operating result
+62.6k NOK +69.5k NOK
+11.1%
Net result
+54.3k NOK +59.6k NOK
+9.8%
Equity
187.0k NOK 246.6k NOK
+31.8%
Cash
201.5k NOK 174.2k NOK
-13.5%
Total assets
201.9k NOK 177.4k NOK
-12.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 112.6k NOK to 265.3k NOK (+135.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +62.6k NOK → +69.5k NOK (op. margin 55.6% → 26.2%). Calculated

  • ↑

    Net result improved

    Net result +54.3k NOK → +59.6k NOK (net margin 48.2% → 22.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 187.0k NOK → 246.6k NOK (equity ratio 92.6% → 139.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 201.5k NOK → 174.2k NOK (-13.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 13.56× → -2.56× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 30.2k NOK → 112.7k NOK (+273.2% YoY). Calculated