2S BYGG AS: årsregnskap 2023 vs 2022
Shrank 91% on revenue, weaker earnings, cash halved-plus
approved 2024-06-24; registry 2024-06-26; journal 2024 549280
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 2S BYGG AS. Revenue 1.13m NOK → 101.1k NOK (-91.0%). Net result -126.7k NOK → -214.7k NOK. Equity -104.3k NOK → -318.9k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for 2S BYGG AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 49.30bn NOK → 2 NOK (4372984% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.13m NOK to 101.1k NOK (-91.0% YoY). Calculated
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↓
Operating result weakened
Operating result -117.6k NOK → -174.3k NOK (op. margin -10.4% → -172.4%). Calculated
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↓
Net result weakened
Net result -126.7k NOK → -214.7k NOK (net margin -11.2% → -212.3%). Calculated
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↓
Equity eroded
Book equity -104.3k NOK → -318.9k NOK (equity ratio -12.2% → -52.7%). Calculated
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↓
Cash fell
Bank deposits 46.7k NOK → 21 NOK (-100.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -52.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 63.3k NOK → 56.5k NOK (-10.7% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 2 → 0. Reported fact