2RE HOLDING AS: årsregnskap 2022 vs 2021
Stronger earnings, cash halved-plus
approved 2023-05-09; registry 2023-05-11; journal 2023 397861
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 2RE HOLDING AS. Revenue 400.0k NOK → 400.0k NOK (0.0%). Net result -32.9k NOK → -20.2k NOK. Equity -53.8k NOK → -74.0k NOK.
On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for 2RE HOLDING AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -27.4k NOK → -20.2k NOK (op. margin -6.9% → -5.1%). Calculated
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↑
Net result improved
Net result -32.9k NOK → -20.2k NOK (net margin -8.2% → -5.1%). Calculated
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↑
Payroll decreased
Salary cost 396.1k NOK → 1 396 NOK (99% → 0% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity -53.8k NOK → -74.0k NOK (equity ratio -59.0% → -155.8%). Calculated
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↓
Cash fell
Bank deposits 80.7k NOK → 25.9k NOK (-67.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -155.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 11.5k NOK → 21.7k NOK. Reported fact
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·
Headcount (årsverk) changed
Reported FTEs 1 → 0. Reported fact