2RENT NORWAY AS: årsregnskap 2023 vs 2022
Shrank 78% on revenue, returned to profit
approved 2024-04-23; registry 2024-04-25; journal 2024 376292
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 2RENT NORWAY AS. Revenue 164.7k NOK → 36.4k NOK (-77.9%). Net result -1 466 NOK → +1 809 NOK. Equity 232.6k NOK → 234.4k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 2RENT NORWAY AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -1 080 NOK → +1 831 NOK (op. margin -0.7% → 5.0%). Calculated
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Turned profitable
Net result flipped from a loss of 1 466 NOK to a profit of 1 809 NOK. Calculated
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Equity strengthened
Book equity 232.6k NOK → 234.4k NOK (equity ratio 99.6% → 111.0%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 164.7k NOK to 36.4k NOK (-77.9% YoY). Calculated
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↓
Cash fell
Bank deposits 162.8k NOK → 120.5k NOK (-26.0% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 284.29× → -9.10× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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COGS fell
COGS / varekostnad 136.4k NOK → 19.2k NOK (-85.9% YoY). Calculated