9TIL4 AS: årsregnskap 2022 vs 2021
Grew 46% on revenue, weaker earnings, cash halved-plus
approved 2023-07-31; registry 2023-08-02; journal 2023 684020
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 9TIL4 AS. Revenue 1.21m NOK → 1.76m NOK (+45.6%). Net result -142.0k NOK → -233.4k NOK. Equity 159.7k NOK → -73.7k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for 9TIL4 AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.21m NOK to 1.76m NOK (+45.6% YoY). Calculated
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↑
Payroll decreased
Salary cost 2.89m NOK → 2 NOK (239% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -145.4k NOK → -234.1k NOK (op. margin -12.0% → -13.3%). Calculated
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↓
Net result weakened
Net result -142.0k NOK → -233.4k NOK (net margin -11.7% → -13.3%). Calculated
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↓
Equity eroded
Book equity 159.7k NOK → -73.7k NOK (equity ratio 48.5% → -17.2%). Calculated
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↓
Cash fell
Bank deposits 759.4k NOK → 212.0k NOK (-72.1% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.43× → 0.66× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -17.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 56.8k NOK → 214.3k NOK (+277.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 48.4k NOK → 30.0k NOK. Reported fact