Org.nr 992 765 011 2022 → 2023 Year-over-year analysis

8 IN VEST AS: årsregnskap 2023 vs 2022

Shrank 100% on revenue, returned to profit

approved 2024-05-09; registry 2024-05-13; journal 2024 408833

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 8 IN VEST AS. Revenue 454.8k NOK → 454 NOK (-99.9%). Net result -41.3k NOK → +24.4k NOK. Equity 1.13m NOK → 1.15m NOK.

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

Also worth watching: book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for 8 IN VEST AS.

Scorecard

Revenue
454.8k NOK 454 NOK
-99.9%
Operating result
-42.8k NOK -15.4k NOK
+64.2%
Net result
-41.3k NOK +24.4k NOK
+158.9%
Equity
1.13m NOK 1.15m NOK
+2.2%
Cash
1.39m NOK 1.38m NOK
-0.4%
Total assets
1.59m NOK 1.49m NOK
-6.4%

What improved

  • ↑

    Operating result improved

    Operating result -42.8k NOK → -15.4k NOK (op. margin -9.4% → -3382.2%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 41.3k NOK to a profit of 24.4k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.13m NOK → 1.15m NOK (equity ratio 70.9% → 77.4%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.42m NOK → 2 NOK (753% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 454.8k NOK to 454 NOK (-99.9% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 1.39m NOK → 1.38m NOK (-0.4% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 96.1k NOK → 0 NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 0.1. Reported fact