Org.nr 923 455 957 2021 → 2022 Year-over-year analysis

99X GROUP AS: årsregnskap 2022 vs 2021

Weaker earnings

approved 2023-07-10; registry 2023-08-15; journal 2023 682447

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 99X GROUP AS. Net result +16.82m NOK → +6.72m NOK. Equity 3.31bn NOK → 315.18m NOK.

On the constructive side: cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for 99X GROUP AS.

Scorecard

Revenue
n/m 0 NOK
—
Operating result
-281.1k NOK -1.35m NOK
-379.3%
Net result
+16.82m NOK +6.72m NOK
-60.0%
Equity
3.31bn NOK 315.18m NOK
-90.5%
Cash
14.12m NOK 18.61m NOK
+31.7%
Total assets
311.66m NOK 317.51m NOK
+1.9%

What improved

  • ↑

    Cash rose

    Bank deposits 14.12m NOK → 18.61m NOK (+31.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -281.1k NOK → -1.35m NOK. Calculated

  • ↓

    Net result weakened

    Net result +16.82m NOK → +6.72m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 3.31bn NOK → 315.18m NOK (equity ratio 1061.5% → 99.3%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 297.5k NOK → 297.58m NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 0.75. Reported fact