Org.nr 924 389 532 2021 → 2022 Year-over-year analysis

13BYTES AS: årsregnskap 2022 vs 2021

Slipped into loss, cash halved-plus

approved 2023-06-22; registry 2023-06-29; journal 2023 542969

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 13BYTES AS. Revenue 815.0k NOK → 815.0k NOK (0.0%). Net result +1.80m NOK → -16.0k NOK. Equity 1.82m NOK → 801.7k NOK.

Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for 13BYTES AS.

Scorecard

Revenue
815.0k NOK 815.0k NOK
0.0%
Operating result
+803.5k NOK -16.7k NOK
-102.1%
Net result
+1.80m NOK -16.0k NOK
-100.9%
Equity
1.82m NOK 801.7k NOK
-55.9%
Cash
1.10m NOK 29.2k NOK
-97.3%
Total assets
456.8k NOK 1.39m NOK
+204.4%

What deteriorated

  • ↓

    Operating result weakened

    Operating result +803.5k NOK → -16.7k NOK (op. margin 98.6% → -2.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 1.80m NOK profit to a loss of 16.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.82m NOK → 801.7k NOK (equity ratio 397.9% → 57.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.10m NOK → 29.2k NOK (-97.3% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.10m NOK → 29.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 361.6k NOK → 1.36m NOK. Reported fact