Org.nr 930 346 942 2022 → 2023 Year-over-year analysis

2REM EIENDOM AS: årsregnskap 2023 vs 2022

Grew 5123% on revenue, weaker earnings

approved 2024-06-30; registry 2024-07-06; journal 2024 604688

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 2REM EIENDOM AS. Revenue 10.0k NOK → 522.3k NOK (+5123.0%). Net result -6 474 NOK → -271.9k NOK. Equity 12.5k NOK → -259.3k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 2REM EIENDOM AS.

Scorecard

Revenue
10.0k NOK 522.3k NOK
+5123.0%
Operating result
-2 474 NOK -50.7k NOK
-1949.3%
Net result
-6 474 NOK -271.9k NOK
-4099.3%
Equity
12.5k NOK -259.3k NOK
-2170.4%
Cash
30.0k NOK 28.7k NOK
-4.5%
Total assets
2.52m NOK 5.72m NOK
+126.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.0k NOK to 522.3k NOK (+5123.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -2 474 NOK → -50.7k NOK (op. margin -24.7% → -9.7%). Calculated

  • ↓

    Net result weakened

    Net result -6 474 NOK → -271.9k NOK (net margin -64.7% → -52.1%). Calculated

  • ↓

    Equity eroded

    Book equity 12.5k NOK → -259.3k NOK (equity ratio 0.5% → -4.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 30.0k NOK → 28.7k NOK (-4.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 3.80× → 0.56× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -4.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation