2TEA AS: årsregnskap 2023 vs 2022
Stronger earnings, cash halved-plus
approved 2024-05-29; registry 2024-07-09; journal 2024 599106
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 2TEA AS. Net result +1.80m NOK → +4.05m NOK. Equity 42.44m NOK → 45.49m NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: operating result weakened; cash fell; current ratio dropped below 1×.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for 2TEA AS.
At a glance
Scorecard
What improved
-
↑
Net result improved
Net result +1.80m NOK → +4.05m NOK. Calculated
-
↑
Equity strengthened
Book equity 42.44m NOK → 45.49m NOK (equity ratio 97.2% → 97.5%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -64.2k NOK → -113.5k NOK. Calculated
-
↓
Cash fell
Bank deposits 2.14m NOK → 773.8k NOK (-63.8% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.76× → 0.66× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (2.14m NOK → 773.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
Book investments changed
Investment / intangible book value 16.53m NOK → 16.39m NOK. Reported fact