Org.nr 918 370 471 2021 → 2022 Year-over-year analysis

8-BIT HOLDING AS: årsregnskap 2022 vs 2021

Shrank 59% on revenue, cash halved-plus

approved 2023-07-04; registry 2023-07-06; journal 2023 579376

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 8-BIT HOLDING AS. Revenue 2 246 NOK → 922 NOK (-58.9%). Net result -10.0k NOK → -9 206 NOK. Equity 122.9k NOK → 113.7k NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 8-BIT HOLDING AS.

Scorecard

Revenue
2 246 NOK 922 NOK
-58.9%
Operating result
-9 321 NOK -3 238 NOK
+65.3%
Net result
-10.0k NOK -9 206 NOK
+8.3%
Equity
122.9k NOK 113.7k NOK
-7.5%
Cash
14.2k NOK 3 422 NOK
-75.9%
Total assets
169.2k NOK 325.2k NOK
+92.2%

What improved

  • ↑

    Operating result improved

    Operating result -9 321 NOK → -3 238 NOK (op. margin -415.0% → -351.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2 246 NOK to 922 NOK (-58.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 122.9k NOK → 113.7k NOK (equity ratio 72.6% → 35.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 14.2k NOK → 3 422 NOK (-75.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 240 NOK → 316.8k NOK. Reported fact