911 HOLDING AS: årsregnskap 2022 vs 2021
Weaker earnings, cash halved-plus
approved 2023-05-05; registry 2023-06-12; journal 2023 462239
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 911 HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +113.03m NOK → +10.55m NOK. Equity 7.69m NOK → 6.61m NOK.
Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for 911 HOLDING AS.
At a glance
Scorecard
What deteriorated
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↓
Operating result weakened
Operating result -51.8k NOK → -57.7k NOK. Calculated
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↓
Net result weakened
Net result +113.03m NOK → +10.55m NOK. Calculated
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↓
Equity eroded
Book equity 7.69m NOK → 6.61m NOK (equity ratio 99.9% → 99.9%). Calculated
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↓
Cash fell
Bank deposits 1.09m NOK → 47.5k NOK (-95.6% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (1.09m NOK → 47.5k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation