Org.nr 992 684 844 2012 → 2013 Year-over-year analysis

2T HOLDING AS: årsregnskap 2013 vs 2012

Grew 10% on revenue, weaker earnings, cash halved-plus

approved 2014-06-30; registry 2014-08-23; journal 2014 694345

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for 2T HOLDING AS. Revenue 160.0k NOK → 176.0k NOK (+10.0%). Net result +96.1k NOK → +18.8k NOK. Equity 4.13m NOK → 148.4k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Net tougher year on the published lines.

Scorecard

Revenue
160.0k NOK 176.0k NOK
+10.0%
Operating result
+105.5k NOK +31.0k NOK
-70.6%
Net result
+96.1k NOK +18.8k NOK
-80.4%
Equity
4.13m NOK 148.4k NOK
-96.4%
Cash
134.1k NOK 55.1k NOK
-58.9%
Total assets
185.8k NOK 218.5k NOK
+17.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 160.0k NOK to 176.0k NOK (+10.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +105.5k NOK → +31.0k NOK (op. margin 65.9% → 17.6%). Calculated

  • ↓

    Net result weakened

    Net result +96.1k NOK → +18.8k NOK (net margin 60.0% → 10.7%). Calculated

  • ↓

    Equity eroded

    Book equity 4.13m NOK → 148.4k NOK (equity ratio 2222.8% → 67.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 134.1k NOK → 55.1k NOK (-58.9% YoY). Calculated