Org.nr 921 373 449 2022 → 2023 Year-over-year analysis

2S IT AS: årsregnskap 2023 vs 2022

Shrank 71% on revenue, returned to profit, cash halved-plus

approved 2024-09-10; registry 2024-09-12; journal 2024 745874

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 2S IT AS. Revenue 169.8k NOK → 49.4k NOK (-70.9%). Net result -1 815 NOK → +39.7k NOK. Equity -165.7k NOK → -126.1k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
169.8k NOK 49.4k NOK
-70.9%
Operating result
+2 115 NOK +39.7k NOK
+1775.9%
Net result
-1 815 NOK +39.7k NOK
+2286.0%
Equity
-165.7k NOK -126.1k NOK
+23.9%
Cash
17.7k NOK -1 186 NOK
-106.7%
Total assets
72.7k NOK 114.9k NOK
+58.0%

What improved

  • ↑

    Operating result improved

    Operating result +2 115 NOK → +39.7k NOK (op. margin 1.2% → 80.3%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1 815 NOK to a profit of 39.7k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -165.7k NOK → -126.1k NOK (equity ratio -228.0% → -109.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 169.8k NOK to 49.4k NOK (-70.9% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 17.7k NOK → -1 186 NOK (-106.7% YoY). Calculated