1B1 GROUP AS: årsregnskap 2021 vs 2020
Slipped into loss
registry 2022-07-05; journal 2022 625898
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 1B1 GROUP AS. Revenue 360.0k NOK → 360.0k NOK (0.0%). Net result +3.10m NOK → -26.6k NOK. Equity -3.14m NOK → -3.16m NOK.
Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 1B1 GROUP AS.
At a glance
Scorecard
What deteriorated
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Operating result weakened
Operating result +102.0k NOK → -26.6k NOK (op. margin 28.3% → -7.4%). Calculated
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↓
Fell into a net loss
Net result flipped from 3.10m NOK profit to a loss of 26.6k NOK. Calculated
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↓
Equity eroded
Book equity -3.14m NOK → -3.16m NOK (equity ratio -2052.2% → -2525.0%). Calculated
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↓
Cash fell
Bank deposits 147.7k NOK → 120.1k NOK (-18.7% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -2525.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation