1814 HOLDING AS: årsregnskap 2022 vs 2021
Slipped into loss
approved 2023-05-10; registry 2023-07-05; journal 2023 545877
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 1814 HOLDING AS. Revenue 3.51m NOK → 3.48m NOK (-0.9%). Net result +229.9k NOK → -123.3k NOK. Equity 21.7k NOK → -101.6k NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 1814 HOLDING AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 748.0k NOK → 835.2k NOK (+11.7% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.15× → 1.47×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.51m NOK to 3.48m NOK (-0.9% YoY). Calculated
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↓
Operating result weakened
Operating result +319.0k NOK → -106.9k NOK (op. margin 9.1% → -3.1%). Calculated
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↓
Fell into a net loss
Net result flipped from 229.9k NOK profit to a loss of 123.3k NOK. Calculated
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↓
Equity eroded
Book equity 21.7k NOK → -101.6k NOK (equity ratio 1.8% → -7.7%). Calculated
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↓
COGS moved
COGS / varekostnad 25.0k NOK → 232.8k NOK (+831.4% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -7.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 0 NOK → 65.0k NOK. Reported fact