88 HOLDING AS: årsregnskap 2022 vs 2021
Shrank 22% on revenue, weaker earnings
approved 2023-07-06; registry 2023-07-27; journal 2023 617878
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 88 HOLDING AS. Revenue 2.56m NOK → 2.01m NOK (-21.5%). Net result +982.9k NOK → +78.0k NOK. Equity 8.59m NOK → 9.67m NOK.
On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 88 HOLDING AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +444.6k NOK → +869.9k NOK (op. margin 17.4% → 43.3%). Calculated
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↑
Equity strengthened
Book equity 8.59m NOK → 9.67m NOK (equity ratio 43.3% → 40.8%). Calculated
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↑
Cash rose
Bank deposits 389.7k NOK → 2.75m NOK (+605.1% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.56m NOK to 2.01m NOK (-21.5% YoY). Calculated
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↓
Net result weakened
Net result +982.9k NOK → +78.0k NOK (net margin 38.4% → 3.9%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 953.2k NOK → 920.6k NOK. Reported fact