FirmaIQ
Org.nr 917 615 772 2022 → 2023 Year-over-year analysis

2M&CO AS: årsregnskap 2023 vs 2022

Shrank 29% on revenue, returned to profit

registry 2024-03-14; journal 2024 327014

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for 2M&CO AS. Revenue 506.5k NOK → 362.0k NOK (-28.5%). Net result -48.1k NOK → +29.7k NOK. Equity 1.68m NOK → 1.71m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 2M&CO AS.

At a glance

Scorecard

Revenue
506.5k NOK 362.0k NOK
-28.5%
Operating result
-21.8k NOK +90.4k NOK
+514.3%
Net result
-48.1k NOK +29.7k NOK
+161.8%
Equity
1.68m NOK 1.71m NOK
+1.8%
Cash
254.8k NOK 221.5k NOK
-13.1%
Total assets
2.62m NOK 2.53m NOK
-3.4%

What improved

  • ↑

    Operating result improved

    Operating result -21.8k NOK → +90.4k NOK (op. margin -4.3% → 25.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 48.1k NOK to a profit of 29.7k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.68m NOK → 1.71m NOK (equity ratio 64.2% → 67.6%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 506.5k NOK to 362.0k NOK (-28.5% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 254.8k NOK → 221.5k NOK (-13.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 141.2k NOK → 48.2k NOK (-65.9% YoY). Calculated