Org.nr 922 178 488 2021 → 2022 Year-over-year analysis

1EARTH HOLDING AS: årsregnskap 2022 vs 2021

Grew 121% on revenue, returned to profit, cash halved-plus

registry 2023-06-10; journal 2023 477399

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 1EARTH HOLDING AS. Revenue 190.6k NOK → 421.8k NOK (+121.3%). Net result -76.4k NOK → +26.5k NOK. Equity -57.7k NOK → -31.2k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Net constructive year on the published lines.

Scorecard

Revenue
190.6k NOK 421.8k NOK
+121.3%
Operating result
-76.4k NOK +26.4k NOK
+134.6%
Net result
-76.4k NOK +26.5k NOK
+134.7%
Equity
-57.7k NOK -31.2k NOK
+46.0%
Cash
13.4k NOK 803 NOK
-94.0%
Total assets
23.3k NOK n/m
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 190.6k NOK to 421.8k NOK (+121.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -76.4k NOK → +26.4k NOK (op. margin -40.1% → 6.3%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 76.4k NOK to a profit of 26.5k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -57.7k NOK → -31.2k NOK. Calculated

  • ↑

    Payroll decreased

    Salary cost 5.24m NOK → 192.9k NOK (2751% → 46% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 13.4k NOK → 803 NOK (-94.0% YoY). Calculated