Org.nr 913 140 125 2020 → 2021 Year-over-year analysis

1B1 GROUP AS: årsregnskap 2021 vs 2020

Slipped into loss

registry 2022-07-05; journal 2022 625898

Full company analysis · All year comparisons

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.

Scorecard

Revenue
360.0k NOK 360.0k NOK
0.0%
Operating result
+102.0k NOK -26.6k NOK
-126.1%
Net result
+3.10m NOK -26.6k NOK
-100.9%
Equity
-3.14m NOK -3.16m NOK
-0.8%
Cash
147.7k NOK 120.1k NOK
-18.7%
Total assets
152.8k NOK 125.2k NOK
-18.0%

What deteriorated

  • ↓

    Operating result weakened

    Operating result +102.0k NOK → -26.6k NOK (op. margin 28.3% → -7.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 3.10m NOK profit to a loss of 26.6k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -3.14m NOK → -3.16m NOK (equity ratio -2052.2% → -2525.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 147.7k NOK → 120.1k NOK (-18.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -2525.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation