2M&CO AS: årsregnskap 2022 vs 2021
Shrank 22% on revenue, slipped into loss
registry 2023-02-18; journal 2023 307243
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 2M&CO AS. Revenue 645.5k NOK → 506.5k NOK (-21.5%). Net result +84.7k NOK → -48.1k NOK. Equity 1.78m NOK → 1.68m NOK.
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 2M&CO AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 645.5k NOK to 506.5k NOK (-21.5% YoY). Calculated
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Operating result weakened
Operating result +141.3k NOK → -21.8k NOK (op. margin 21.9% → -4.3%). Calculated
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Fell into a net loss
Net result flipped from 84.7k NOK profit to a loss of 48.1k NOK. Calculated
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Equity eroded
Book equity 1.78m NOK → 1.68m NOK (equity ratio 63.2% → 64.2%). Calculated
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Cash fell
Bank deposits 395.4k NOK → 254.8k NOK (-35.6% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 264.8k NOK → 141.2k NOK (-46.7% YoY). Calculated