8 INVEST AS: årsregnskap 2022 vs 2021
Weaker earnings, cash halved-plus
approved 2023-07-12; registry 2023-08-07; journal 2023 650758
Summary
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.
At a glance
Scorecard
What deteriorated
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↓
Operating result weakened
Operating result -16.2k NOK → -4.88m NOK. Calculated
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↓
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
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↓
Cash fell
Bank deposits 14.8k NOK → 1 822 NOK (-87.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -8931.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 4.07m NOK → 60.0k NOK. Reported fact