Org.nr 913 504 119 2021 → 2022 Year-over-year analysis

2RENT NORWAY AS: årsregnskap 2022 vs 2021

Shrank 31% on revenue, slipped into loss

approved 2023-05-16; registry 2023-05-22; journal 2023 412531

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 2RENT NORWAY AS. Revenue 238.9k NOK → 164.7k NOK (-31.1%). Net result +29.2k NOK → -1 466 NOK. Equity 234.1k NOK → 232.6k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 2RENT NORWAY AS.

Scorecard

Revenue
238.9k NOK 164.7k NOK
-31.1%
Operating result
+36.7k NOK -1 080 NOK
-102.9%
Net result
+29.2k NOK -1 466 NOK
-105.0%
Equity
234.1k NOK 232.6k NOK
-0.6%
Cash
120.5k NOK 162.8k NOK
+35.2%
Total assets
246.0k NOK 233.4k NOK
-5.1%

What improved

  • ↑

    Cash rose

    Bank deposits 120.5k NOK → 162.8k NOK (+35.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 238.9k NOK to 164.7k NOK (-31.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +36.7k NOK → -1 080 NOK (op. margin 15.3% → -0.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 29.2k NOK profit to a loss of 1 466 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 234.1k NOK → 232.6k NOK (equity ratio 95.1% → 99.6%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 172.4k NOK → 136.4k NOK (-20.9% YoY). Calculated