TWO AS: årsregnskap 2024 vs 2023
Grew 9376% on revenue, stronger earnings, fresh owner capital
approved 2025-06-30; registry 2025-07-24; journal 2025 703742
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for TWO AS. Revenue 136.6k NOK → 12.94m NOK (+9376.3%). Net result -55.21m NOK → -8.15m NOK. Equity 8.19bn NOK → 16.19bn NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased; cogs fell. 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 136.6k NOK to 12.94m NOK (+9376.3% YoY). Calculated
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Operating result improved
Operating result -59.29m NOK → -30.72m NOK (op. margin -43409.5% → -237.3%). Calculated
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Net result improved
Net result -55.21m NOK → -8.15m NOK (net margin -40422.2% → -62.9%). Calculated
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Equity strengthened
Book equity 8.19bn NOK → 16.19bn NOK (equity ratio 3450.6% → 8252.2%). Calculated
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Owners injected capital
Paid-in equity rose 291.46m NOK → 8.29bn NOK (+8.00bn NOK). Reported fact
What deteriorated
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Cash fell
Bank deposits 14.57m NOK → 12.46m NOK (-14.5% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 51.1k NOK → 27.24m NOK (37% → 210% of revenue). Calculated
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COGS fell
COGS / varekostnad 29.29m NOK → 3.49m NOK (-88.1% YoY). Calculated