2MREN AS: årsregnskap 2021 vs 2020
Shrank 11% on revenue
registry 2022-06-02; journal 2022 402085
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 2MREN AS. Revenue 789.0k NOK → 700.8k NOK (-11.2%). Net result +22.0k NOK → +18.2k NOK. Equity 50.0k NOK → 68.2k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 2MREN AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 50.0k NOK → 68.2k NOK (equity ratio 6.5% → 3.5%). Calculated
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↑
Cash rose
Bank deposits 199.0k NOK → 1.69m NOK (+747.7% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 789.0k NOK to 700.8k NOK (-11.2% YoY). Calculated
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↓
Operating result weakened
Operating result +27.8k NOK → +23.3k NOK (op. margin 3.5% → 3.3%). Calculated
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↓
Net result weakened
Net result +22.0k NOK → +18.2k NOK (net margin 2.8% → 2.6%). Calculated
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↓
COGS moved
COGS / varekostnad 2 630 NOK → 294.0k NOK (+11078.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation