FirmaIQ
Org.nr 985 827 060 2018 → 2019 Year-over-year analysis

A.K. DRIFT AS: årsregnskap 2019 vs 2018

Shrank 89% on revenue, returned to profit

approved 2020-08-31; registry 2020-10-03; journal 2020 895970

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A.K. DRIFT AS. Revenue 354.9k NOK → 40.0k NOK (-88.7%). Net result -46.5k NOK → +32.5k NOK. Equity -172.4k NOK → -139.9k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
354.9k NOK 40.0k NOK
-88.7%
Operating result
-46.5k NOK +32.5k NOK
+169.9%
Net result
-46.5k NOK +32.5k NOK
+169.9%
Equity
-172.4k NOK -139.9k NOK
+18.8%
Cash
13 NOK 13 NOK
0.0%
Total assets
611.1k NOK 651.1k NOK
+6.5%

What improved

  • ↑

    Operating result improved

    Operating result -46.5k NOK → +32.5k NOK (op. margin -13.1% → 81.2%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 46.5k NOK to a profit of 32.5k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -172.4k NOK → -139.9k NOK (equity ratio -28.2% → -21.5%). Calculated

  • ↑

    Payroll decreased

    Salary cost 11.5k NOK → 11 NOK (3% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 354.9k NOK to 40.0k NOK (-88.7% YoY). Calculated