2TEX AS: årsregnskap 2024 vs 2023
Grew 703% on revenue, stronger earnings, cash halved-plus
approved 2025-03-25; registry 2025-05-13; journal 2025 429489
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for 2TEX AS. Revenue 71.6k NOK → 574.6k NOK (+702.9%). Net result +68.4k NOK → +220.4k NOK. Equity 14.48m NOK → 14.28m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: sharp cash drawdown; paid-in equity reduced. All figures are taken from the published annual accounts for 2TEX AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 71.6k NOK to 574.6k NOK (+702.9% YoY). Calculated
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Operating result improved
Operating result -240.1k NOK → +239.3k NOK (op. margin -335.5% → 41.7%). Calculated
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Net result improved
Net result +68.4k NOK → +220.4k NOK (net margin 95.6% → 38.4%). Calculated
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Payroll decreased
Salary cost 65.8k NOK → 8 784 NOK (92% → 2% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 14.48m NOK → 14.28m NOK (equity ratio 94.0% → 95.0%). Calculated
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Cash fell
Bank deposits 2.18m NOK → 287.6k NOK (-86.8% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (2.18m NOK → 287.6k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Paid-in equity reduced
Paid-in equity fell 1.07m NOK → 652.6k NOK — check capital reduction, conversion, or reclassification. Interpretation