2M-INVEST AS: årsregnskap 2022 vs 2021
Shrank 65% on revenue, weaker earnings, cash halved-plus
approved 2023-08-09; registry 2023-08-22; journal 2023 705913
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 2M-INVEST AS. Revenue 174.3k NOK → 60.2k NOK (-65.5%). Net result +5.87m NOK → +4.55m NOK. Equity 50.71m NOK → 54.90m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for 2M-INVEST AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 50.71m NOK → 54.90m NOK (equity ratio 91.9% → 97.7%). Calculated
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↑
Payroll decreased
Salary cost 856.0k NOK → 846.9k NOK (491% → 1407% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 174.3k NOK to 60.2k NOK (-65.5% YoY). Calculated
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↓
Operating result weakened
Operating result -1.01m NOK → -1.55m NOK (op. margin -578.9% → -2567.9%). Calculated
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↓
Net result weakened
Net result +5.87m NOK → +4.55m NOK (net margin 3367.5% → 7562.0%). Calculated
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↓
Cash fell
Bank deposits 10.38m NOK → 1.21m NOK (-88.4% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (10.38m NOK → 1.21m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 10.20m NOK → 12.73m NOK. Reported fact