TWO AS: årsregnskap 2022 vs 2021
Grew 413% on revenue, weaker earnings, fresh owner capital
approved 2023-08-18; registry 2023-08-24; journal 2023 713110
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for TWO AS. Revenue 33.9k NOK → 174.2k NOK (+413.2%). Net result -11.62m NOK → -30.78m NOK. Equity 69.59m NOK → 4.24bn NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for TWO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 33.9k NOK to 174.2k NOK (+413.2% YoY). Calculated
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↑
Equity strengthened
Book equity 69.59m NOK → 4.24bn NOK (equity ratio 91.3% → 1616.6%). Calculated
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↑
Cash rose
Bank deposits 59.8k NOK → 37.10m NOK (+61977.1% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 81.2k NOK → 285.10m NOK (+285.02m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -11.8k NOK → -42.94m NOK (op. margin -34.8% → -24647.1%). Calculated
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↓
Net result weakened
Net result -11.62m NOK → -30.78m NOK (net margin -34238.8% → -17664.7%). Calculated
Things to notice
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·
Payroll increased
Salary cost 2 NOK → 10.81m NOK (0% → 6205% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 8 978 NOK → 24.75m NOK (+275576.1% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 2.5 → 17. Reported fact