Org.nr 925 976 105 2020 → 2021 Year-over-year analysis

TWO AS: årsregnskap 2021 vs 2020

Slipped into loss

approved 2022-06-30; registry 2022-07-09; journal 2022 666512

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for TWO AS. Revenue 0 NOK → 33.9k NOK. Net result 0 NOK → -11.62m NOK. Equity 100.0k NOK → 69.59m NOK.

On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: operating result weakened; fell into a net loss; cash fell.

Also worth watching: paid-in equity reduced; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for TWO AS.

Scorecard

Revenue
0 NOK 33.9k NOK
—
Operating result
0 NOK -11.8k NOK
—
Net result
0 NOK -11.62m NOK
—
Equity
100.0k NOK 69.59m NOK
+69492.3%
Cash
100.0k NOK 59.8k NOK
-40.2%
Total assets
0 NOK 76.25m NOK
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 33.9k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 100.0k NOK → 69.59m NOK. Calculated

  • ↑

    Payroll decreased

    Salary cost 1.58m NOK → 2 NOK. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result 0 NOK → -11.8k NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 0 NOK profit to a loss of 11.62m NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 100.0k NOK → 59.8k NOK (-40.2% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 100.0k NOK → 81.2k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 32 NOK → 8 978 NOK (+27956.2% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 2.5. Reported fact