Org.nr 919 509 740 2021 → 2022 Year-over-year analysis

10BLANK AS: årsregnskap 2022 vs 2021

Shrank 25% on revenue

approved 2023-04-26; registry 2023-05-02; journal 2023 375722

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 10BLANK AS. Revenue 378.6k NOK → 282.9k NOK (-25.3%). Net result -999 NOK → -11.0k NOK. Equity -11.6k NOK → -22.5k NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for 10BLANK AS.

Scorecard

Revenue
378.6k NOK 282.9k NOK
-25.3%
Operating result
-850 NOK -11.1k NOK
-1206.2%
Net result
-999 NOK -11.0k NOK
-997.4%
Equity
-11.6k NOK -22.5k NOK
-94.8%
Cash
25.7k NOK 49.6k NOK
+93.1%
Total assets
89.3k NOK 80.0k NOK
-10.4%

What improved

  • ↑

    Cash rose

    Bank deposits 25.7k NOK → 49.6k NOK (+93.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 290.9k NOK → 189.8k NOK (77% → 67% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 378.6k NOK to 282.9k NOK (-25.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -850 NOK → -11.1k NOK (op. margin -0.2% → -3.9%). Calculated

  • ↓

    Net result weakened

    Net result -999 NOK → -11.0k NOK (net margin -0.3% → -3.9%). Calculated

  • ↓

    Equity eroded

    Book equity -11.6k NOK → -22.5k NOK (equity ratio -13.0% → -28.2%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -28.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 1 812 NOK → 0 NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0.5 → 1. Reported fact