8-BIT HOLDING AS: årsregnskap 2021 vs 2020
Shrank 6% on revenue, cash halved-plus
approved 2022-05-30; registry 2022-06-01; journal 2022 394017
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 8-BIT HOLDING AS. Revenue 2 387 NOK → 2 246 NOK (-5.9%). Net result -4 675 NOK → -10.0k NOK. Equity 11.13m NOK → 122.9k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 8-BIT HOLDING AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2 387 NOK to 2 246 NOK (-5.9% YoY). Calculated
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↓
Operating result weakened
Operating result -4 694 NOK → -9 321 NOK (op. margin -196.6% → -415.0%). Calculated
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↓
Net result weakened
Net result -4 675 NOK → -10.0k NOK (net margin -195.9% → -447.1%). Calculated
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↓
Equity eroded
Book equity 11.13m NOK → 122.9k NOK (equity ratio 5858.8% → 72.6%). Calculated
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↓
Cash fell
Bank deposits 75.0k NOK → 14.2k NOK (-81.1% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 180.0k NOK → 240 NOK. Reported fact