8 SEASONS AS: årsregnskap 2022 vs 2021
Shrank 83% on revenue, slipped into loss, cash halved-plus
approved 2023-05-23; registry 2023-05-30; journal 2023 437460
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 8 SEASONS AS. Revenue 953.0k NOK → 160.8k NOK (-83.1%). Net result +37.3k NOK → -191.2k NOK. Equity -218.6k NOK → -209.9k NOK.
On the constructive side: equity strengthened; owners injected capital. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for 8 SEASONS AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity -218.6k NOK → -209.9k NOK (equity ratio -65.3% → -59.7%). Calculated
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↑
Owners injected capital
Paid-in equity rose 30.0k NOK → 230.0k NOK (+200.0k NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 953.0k NOK to 160.8k NOK (-83.1% YoY). Calculated
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↓
Operating result weakened
Operating result +37.5k NOK → -191.1k NOK (op. margin 3.9% → -118.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 37.3k NOK profit to a loss of 191.2k NOK. Calculated
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↓
Cash fell
Bank deposits 5.15m NOK → 146.2k NOK (-97.2% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 387.9k NOK → 636.0k NOK (41% → 395% of revenue). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (5.15m NOK → 146.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation