Org.nr 913 364 945 2021 → 2022 Year-over-year analysis

8 INVEST AS: årsregnskap 2022 vs 2021

Weaker earnings, cash halved-plus

approved 2023-07-12; registry 2023-08-07; journal 2023 650758

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 8 INVEST AS. Net result -12.7k NOK → -4.92m NOK. Equity -602.4k NOK → -5.52m NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 8 INVEST AS.

Scorecard

Revenue
n/m 0 NOK
—
Operating result
-16.2k NOK -4.88m NOK
-29956.2%
Net result
-12.7k NOK -4.92m NOK
-38705.9%
Equity
-602.4k NOK -5.52m NOK
-816.6%
Cash
14.8k NOK 1 822 NOK
-87.7%
Total assets
4.08m NOK 61.8k NOK
-98.5%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -16.2k NOK → -4.88m NOK. Calculated

  • ↓

    Net result weakened

    Net result -12.7k NOK → -4.92m NOK. Calculated

  • ↓

    Equity eroded

    Book equity -602.4k NOK → -5.52m NOK (equity ratio -14.7% → -8931.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 14.8k NOK → 1 822 NOK (-87.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -8931.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 4.07m NOK → 60.0k NOK. Reported fact