2MINUTTER STUDIO AS: årsregnskap 2023 vs 2022
Grew 25% on revenue, stronger earnings
approved 2024-04-16; registry 2024-06-19; journal 2024 517006
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 2MINUTTER STUDIO AS. Revenue 143.0k NOK → 178.5k NOK (+24.8%). Net result -344.3k NOK → -95.8k NOK. Equity -314.3k NOK → -410.1k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 2MINUTTER STUDIO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 143.0k NOK to 178.5k NOK (+24.8% YoY). Calculated
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↑
Operating result improved
Operating result -343.5k NOK → -95.0k NOK (op. margin -240.2% → -53.2%). Calculated
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↑
Net result improved
Net result -344.3k NOK → -95.8k NOK (net margin -240.8% → -53.7%). Calculated
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↑
Cash rose
Bank deposits 39 NOK → 4 156 NOK (+10556.4% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity -314.3k NOK → -410.1k NOK (equity ratio -540.4% → -1097.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -1097.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 242.7k NOK → 46.5k NOK (-80.8% YoY). Calculated