Org.nr 915 606 253 2022 → 2023 Year-over-year analysis

8-BITS AS: årsregnskap 2023 vs 2022

Grew 14% on revenue, slipped into loss, cash halved-plus

approved 2024-02-19; registry 2024-02-21; journal 2024 309298

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 8-BITS AS. Revenue 861.8k NOK → 979.7k NOK (+13.7%). Net result +42.8k NOK → -20.5k NOK. Equity 79.0k NOK → 58.5k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for 8-BITS AS.

Scorecard

Revenue
861.8k NOK 979.7k NOK
+13.7%
Operating result
+46.1k NOK -11.0k NOK
-123.9%
Net result
+42.8k NOK -20.5k NOK
-148.0%
Equity
79.0k NOK 58.5k NOK
-26.0%
Cash
160.7k NOK 32.8k NOK
-79.6%
Total assets
201.1k NOK 156.7k NOK
-22.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 861.8k NOK to 979.7k NOK (+13.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +46.1k NOK → -11.0k NOK (op. margin 5.3% → -1.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 42.8k NOK profit to a loss of 20.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 79.0k NOK → 58.5k NOK (equity ratio 39.3% → 37.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 160.7k NOK → 32.8k NOK (-79.6% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.60m NOK → 2.72m NOK (302% → 277% of revenue). Calculated