FirmaIQ
Org.nr 921 373 449 2021 → 2022 Year-over-year analysis

2S IT AS: årsregnskap 2022 vs 2021

Shrank 64% on revenue, stronger earnings, cash halved-plus

approved 2023-11-13; registry 2023-11-15; journal 2023 737276

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for 2S IT AS. Revenue 467.6k NOK → 169.8k NOK (-63.7%). Net result -309.5k NOK → -1 815 NOK. Equity -163.9k NOK → -165.7k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.

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

At a glance

Scorecard

Revenue
467.6k NOK 169.8k NOK
-63.7%
Operating result
-249.3k NOK +2 115 NOK
+100.8%
Net result
-309.5k NOK -1 815 NOK
+99.4%
Equity
-163.9k NOK -165.7k NOK
-1.1%
Cash
85.2k NOK 17.7k NOK
-79.2%
Total assets
44.3k NOK 72.7k NOK
+64.3%

What improved

  • ↑

    Operating result improved

    Operating result -249.3k NOK → +2 115 NOK (op. margin -53.3% → 1.2%). Calculated

  • ↑

    Net result improved

    Net result -309.5k NOK → -1 815 NOK (net margin -66.2% → -1.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 467.6k NOK to 169.8k NOK (-63.7% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -163.9k NOK → -165.7k NOK (equity ratio -370.4% → -228.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 85.2k NOK → 17.7k NOK (-79.2% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 40.1k NOK → 0 NOK (-100.0% YoY). Calculated