6C ST AS: årsregnskap 2022 vs 2021
Shrank 36% on revenue, weaker earnings, cash halved-plus
approved 2023-06-29; registry 2023-08-17; journal 2023 710823
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 6C ST AS. Revenue 3.47m NOK → 2.23m NOK (-35.7%). Net result -383.5k NOK → -1.04m NOK. Equity 1.82m NOK → 782.9k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for 6C ST AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 3.47m NOK to 2.23m NOK (-35.7% YoY). Calculated
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Operating result weakened
Operating result -374.0k NOK → -1.11m NOK (op. margin -10.8% → -49.8%). Calculated
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Net result weakened
Net result -383.5k NOK → -1.04m NOK (net margin -11.1% → -46.7%). Calculated
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Equity eroded
Book equity 1.82m NOK → 782.9k NOK (equity ratio 72.8% → 64.1%). Calculated
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Cash fell
Bank deposits 1.74m NOK → 174.7k NOK (-90.0% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (1.74m NOK → 174.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Book investments changed
Investment / intangible book value 164.7k NOK → 51.9k NOK. Reported fact