Org.nr 919 454 709 2018 → 2019 Year-over-year analysis

52 DRIFT AS: årsregnskap 2019 vs 2018

Shrank 100% on revenue, cash halved-plus, fresh owner capital

approved 2020-05-25; registry 2020-06-23; journal 2020 475237

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for 52 DRIFT AS. Revenue 811.1k NOK → 811 NOK (-99.9%). Equity 99.8k NOK → 39.8k NOK.

On the constructive side: owners injected capital. Pressures included: revenue fell; operating result weakened; equity eroded.

Net tougher year on the published lines.

Scorecard

Revenue
811.1k NOK 811 NOK
-99.9%
Operating result
+99.9k NOK -59.9k NOK
-159.9%
Net result
+78.9k NOK n/m
—
Equity
99.8k NOK 39.8k NOK
-60.2%
Cash
153.3k NOK 553 NOK
-99.6%
Total assets
370.2k NOK 66.3k NOK
-82.1%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 20.9k NOK → 30.0k NOK (+9 070 NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 811.1k NOK to 811 NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +99.9k NOK → -59.9k NOK (op. margin 12.3% → -7386.3%). Calculated

  • ↓

    Equity eroded

    Book equity 99.8k NOK → 39.8k NOK (equity ratio 27.0% → 60.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 153.3k NOK → 553 NOK (-99.6% YoY). Calculated