Org.nr 926 034 936 2021 → 2022 Year-over-year analysis

2XH.NO AS: årsregnskap 2022 vs 2021

Grew 31% on revenue, stronger earnings

registry 2023-06-22; journal 2023 509114

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 2XH.NO AS. Revenue 582.2k NOK → 765.3k NOK (+31.4%). Net result +330.2k NOK → +468.0k NOK. Equity 354.2k NOK → 822.2k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 2XH.NO AS.

Scorecard

Revenue
582.2k NOK 765.3k NOK
+31.4%
Operating result
+421.6k NOK +607.2k NOK
+44.0%
Net result
+330.2k NOK +468.0k NOK
+41.7%
Equity
354.2k NOK 822.2k NOK
+132.1%
Cash
210.3k NOK 250.1k NOK
+18.9%
Total assets
467.0k NOK 979.7k NOK
+109.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 582.2k NOK to 765.3k NOK (+31.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +421.6k NOK → +607.2k NOK (op. margin 72.4% → 79.3%). Calculated

  • ↑

    Net result improved

    Net result +330.2k NOK → +468.0k NOK (net margin 56.7% → 61.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 354.2k NOK → 822.2k NOK (equity ratio 75.8% → 83.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 210.3k NOK → 250.1k NOK (+18.9% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 100.0k NOK → 77.7k NOK (-22.3% YoY). Calculated