Org.nr 921 373 449 2023 → 2024 Year-over-year analysis

2S IT AS: årsregnskap 2024 vs 2023

Shrank 43% on revenue, slipped into loss

approved 2025-09-29; registry 2025-10-01; journal 2025 758382

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 2S IT AS. Revenue 49.4k NOK → 28.0k NOK (-43.3%). Net result +39.7k NOK → -54.3k NOK. Equity -126.1k NOK → -180.4k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 2S IT AS.

Scorecard

Revenue
49.4k NOK 28.0k NOK
-43.3%
Operating result
+39.7k NOK -54.2k NOK
-236.6%
Net result
+39.7k NOK -54.3k NOK
-237.0%
Equity
-126.1k NOK -180.4k NOK
-43.1%
Cash
-1 186 NOK 10.9k NOK
+1016.8%
Total assets
114.9k NOK 147.0k NOK
+28.0%

What improved

  • ↑

    Cash rose

    Bank deposits -1 186 NOK → 10.9k NOK (+1016.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 49.4k NOK to 28.0k NOK (-43.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +39.7k NOK → -54.2k NOK (op. margin 80.3% → -193.6%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 39.7k NOK profit to a loss of 54.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -126.1k NOK → -180.4k NOK (equity ratio -109.7% → -122.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -122.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation