FirmaIQ
Org.nr 921 312 075 2021 → 2022 Year-over-year analysis

99X TECH HOLDCO AS: årsregnskap 2022 vs 2021

Another loss-making year

approved 2023-05-23; registry 2023-06-07; journal 2023 431649

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for 99X TECH HOLDCO AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -9 206 NOK → -14.4k NOK. Equity -98 NOK → -14.5k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 99X TECH HOLDCO AS.

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-9 206 NOK -12.4k NOK
-35.1%
Net result
-9 206 NOK -14.4k NOK
-56.5%
Equity
-98 NOK -14.5k NOK
-14701.0%
Cash
5 472 NOK 13.0k NOK
+138.3%
Total assets
5 472 NOK 43.0k NOK
+686.5%

What improved

  • ↑

    Cash rose

    Bank deposits 5 472 NOK → 13.0k NOK (+138.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -9 206 NOK → -12.4k NOK. Calculated

  • ↓

    Net result weakened

    Net result -9 206 NOK → -14.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -98 NOK → -14.5k NOK (equity ratio -1.8% → -33.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -33.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation