FirmaIQ
Org.nr 913 140 125 2021 → 2022 Year-over-year analysis

1B1 GROUP AS: årsregnskap 2022 vs 2021

Shrank 100% on revenue

registry 2023-08-02; journal 2023 685628

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for 1B1 GROUP AS. Revenue 360.0k NOK → 995 NOK (-99.7%). Net result -26.6k NOK → -18.3k NOK. Equity -3.16m NOK → -3.18m NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 1B1 GROUP AS.

At a glance

Scorecard

Revenue
360.0k NOK 995 NOK
-99.7%
Operating result
-26.6k NOK -18.3k NOK
+31.1%
Net result
-26.6k NOK -18.3k NOK
+31.1%
Equity
-3.16m NOK -3.18m NOK
-0.6%
Cash
120.1k NOK 90.1k NOK
-25.0%
Total assets
125.2k NOK 105.2k NOK
-16.0%

What improved

  • ↑

    Operating result improved

    Operating result -26.6k NOK → -18.3k NOK (op. margin -7.4% → -1840.8%). Calculated

  • ↑

    Net result improved

    Net result -26.6k NOK → -18.3k NOK (net margin -7.4% → -1840.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 360.0k NOK to 995 NOK (-99.7% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -3.16m NOK → -3.18m NOK (equity ratio -2525.0% → -3023.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 120.1k NOK → 90.1k NOK (-25.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -3023.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation