1.618 GROUP AS: årsregnskap 2021 vs 2020
Grew 57747% on revenue, slipped into loss
approved 2022-07-30; registry 2022-08-02; journal 2022 871310
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 1.618 GROUP AS. Revenue 5 991 NOK → 3.47m NOK (+57747.4%). Net result +140.9k NOK → -193.8k NOK. Equity 5.18m NOK → -11.7k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for 1.618 GROUP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5 991 NOK to 3.47m NOK (+57747.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +144.4k NOK → -192.9k NOK (op. margin 2410.9% → -5.6%). Calculated
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↓
Fell into a net loss
Net result flipped from 140.9k NOK profit to a loss of 193.8k NOK. Calculated
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↓
Equity eroded
Book equity 5.18m NOK → -11.7k NOK (equity ratio 307.4% → -0.8%). Calculated
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↓
Cash fell
Bank deposits 328.7k NOK → 307.9k NOK (-6.3% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 536.03× → 0.55× — 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 -0.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 4 544 NOK → 515.8k NOK (76% → 15% of revenue). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 1 → 2. Reported fact