FirmaIQ
Org.nr 920 679 102 2020 → 2021 Year-over-year analysis

2XH CONSULTING AS: årsregnskap 2021 vs 2020

Shrank 90% on revenue, cash halved-plus

approved 2022-06-13; registry 2022-08-03; journal 2022 874375

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 2XH CONSULTING AS. Revenue 2 335 NOK → 238 NOK (-89.8%). Net result -7 171 NOK → -8 261 NOK. Equity 1 494 NOK → -6 767 NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer; headcount (årsverk) changed. All figures are taken from the published annual accounts for 2XH CONSULTING AS.

At a glance

Scorecard

Revenue
2 335 NOK 238 NOK
-89.8%
Operating result
-7 172 NOK -8 261 NOK
-15.2%
Net result
-7 171 NOK -8 261 NOK
-15.2%
Equity
1 494 NOK -6 767 NOK
-552.9%
Cash
2 524 NOK 715 NOK
-71.7%
Total assets
378.0k NOK 487.5k NOK
+29.0%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2 335 NOK to 238 NOK (-89.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -7 172 NOK → -8 261 NOK (op. margin -307.2% → -3471.0%). Calculated

  • ↓

    Net result weakened

    Net result -7 171 NOK → -8 261 NOK (net margin -307.1% → -3471.0%). Calculated

  • ↓

    Equity eroded

    Book equity 1 494 NOK → -6 767 NOK (equity ratio 0.4% → -1.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 2 524 NOK → 715 NOK (-71.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -1.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 0. Reported fact