Org.nr 915 079 660 2022 → 2023 Year-over-year analysis

2M MALERFIRMA AS: årsregnskap 2023 vs 2022

Shrank 7% on revenue, slipped into loss

approved 2024-05-10; registry 2024-05-22; journal 2024 427316

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 2M MALERFIRMA AS. Revenue 1.31m NOK → 1.22m NOK (-6.6%). Net result +65.9k NOK → -11.0k NOK. Equity 304.2k NOK → 293.2k 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 MALERFIRMA AS.

Scorecard

Revenue
1.31m NOK 1.22m NOK
-6.6%
Operating result
+89.0k NOK -10.5k NOK
-111.8%
Net result
+65.9k NOK -11.0k NOK
-116.7%
Equity
304.2k NOK 293.2k NOK
-3.6%
Cash
431.5k NOK 365.9k NOK
-15.2%
Total assets
533.1k NOK 470.7k NOK
-11.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.31m NOK to 1.22m NOK (-6.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +89.0k NOK → -10.5k NOK (op. margin 6.8% → -0.9%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 65.9k NOK profit to a loss of 11.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 304.2k NOK → 293.2k NOK (equity ratio 57.1% → 62.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 431.5k NOK → 365.9k NOK (-15.2% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 201.0k NOK → 97.2k NOK (-51.6% YoY). Calculated