Org.nr 926 089 064 2020 → 2021 Year-over-year analysis

A1 DRIFT AS: årsregnskap 2021 vs 2020

Slipped into loss

approved 2022-05-31; registry 2022-07-05; journal 2022 617650

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for A1 DRIFT AS. Net result 0 NOK → -54.1k NOK. Equity 24.4k NOK → -29.7k NOK.

On the constructive side: cash rose. Pressures included: fell into a net loss; equity eroded; current ratio dropped below 1×.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A1 DRIFT AS.

Scorecard

Revenue
n/m 40.0k NOK
—
Operating result
n/m -10.0k NOK
—
Net result
0 NOK -54.1k NOK
—
Equity
24.4k NOK -29.7k NOK
-221.4%
Cash
30.0k NOK 49.3k NOK
+64.4%
Total assets
30.0k NOK 3.48m NOK
+11514.7%

What improved

  • ↑

    Cash rose

    Bank deposits 30.0k NOK → 49.3k NOK (+64.4% YoY). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 0 NOK profit to a loss of 54.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 24.4k NOK → -29.7k NOK (equity ratio 81.4% → -0.9%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 5.39× → 0.07× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -0.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation