8M CONSULTING AS: årsregnskap 2022 vs 2021
Shrank 63% on revenue, slipped into loss
approved 2023-02-21; registry 2023-02-25; journal 2023 311110
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 8M CONSULTING AS. Revenue 577.9k NOK → 212.3k NOK (-63.3%). Net result +7 615 NOK → -39.4k NOK. Equity 117.3k NOK → 77.9k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 8M CONSULTING AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 200.8k NOK → 282.4k NOK (+40.6% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 577.9k NOK to 212.3k NOK (-63.3% YoY). Calculated
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↓
Operating result weakened
Operating result +7 567 NOK → -39.7k NOK (op. margin 1.3% → -18.7%). Calculated
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↓
Fell into a net loss
Net result flipped from 7 615 NOK profit to a loss of 39.4k NOK. Calculated
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↓
Equity eroded
Book equity 117.3k NOK → 77.9k NOK (equity ratio 28.6% → 8.4%). Calculated
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↓
Payroll up without matching revenue
Salary cost 443.1k NOK → 1.08m NOK (77% → 507% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation