Org.nr 919 953 586 2022 → 2023 Year-over-year analysis

2RE HOLDING AS: årsregnskap 2023 vs 2022

Cash halved-plus

approved 2024-06-23; registry 2024-06-29; journal 2024 561015

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 2RE HOLDING AS. Net result -20.2k NOK → -28.2k NOK. Equity -74.0k NOK → -102.1k NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 2RE HOLDING AS.

Scorecard

Revenue
400.0k NOK n/m
—
Operating result
-20.2k NOK -28.2k NOK
-39.4%
Net result
-20.2k NOK -28.2k NOK
-39.4%
Equity
-74.0k NOK -102.1k NOK
-38.1%
Cash
25.9k NOK 6 408 NOK
-75.2%
Total assets
47.5k NOK 24.4k NOK
-48.7%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -20.2k NOK → -28.2k NOK. Calculated

  • ↓

    Net result weakened

    Net result -20.2k NOK → -28.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -74.0k NOK → -102.1k NOK (equity ratio -155.8% → -419.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 25.9k NOK → 6 408 NOK (-75.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -419.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 21.7k NOK → 17.9k NOK. Reported fact