2TAL AS: årsregnskap 2023 vs 2022
Shrank 17% on revenue, stronger earnings
approved 2024-05-30; registry 2024-06-14; journal 2024 470490
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 2TAL AS. Revenue 85.28m NOK → 70.59m NOK (-17.2%). Net result +1.30m NOK → +4.44m NOK. Equity 2.21m NOK → 6.65m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 2TAL AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +2.03m NOK → +6.23m NOK (op. margin 2.4% → 8.8%). Calculated
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↑
Net result improved
Net result +1.30m NOK → +4.44m NOK (net margin 1.5% → 6.3%). Calculated
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Equity strengthened
Book equity 2.21m NOK → 6.65m NOK (equity ratio 18.1% → 33.6%). Calculated
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Cash rose
Bank deposits 399.7k NOK → 409.6k NOK (+2.5% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.76× → 1.25×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 85.28m NOK to 70.59m NOK (-17.2% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 66.61m NOK → 49.25m NOK (-26.1% YoY). Calculated