Org.nr 917 598 738 2019 → 2020 Year-over-year analysis

A1 FAKTA AS: årsregnskap 2020 vs 2019

Shrank 15% on revenue, cash halved-plus

approved 2021-03-01; registry 2021-03-24; journal 2021 165525

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A1 FAKTA AS. Revenue 227.0k NOK → 193.9k NOK (-14.5%). Equity 8 294 NOK → -18.3k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

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

At a glance

Revenue

227.0k NOK 193.9k NOK

-14.5%

Operating result

n/m -31.9k NOK

—

Net result

n/m -26.5k NOK

—

Equity

8 294 NOK -18.3k NOK

-320.1%

Cash

51.2k NOK 500 NOK

-99.0%

Total assets

85.8k NOK 62.3k NOK

-27.4%

↓
Revenue fell

Operating income / revenue moved from 227.0k NOK to 193.9k NOK (-14.5% YoY). Calculated
↓
Equity eroded

Book equity 8 294 NOK → -18.3k NOK (equity ratio 9.7% → -29.3%). Calculated
↓
Cash fell

Bank deposits 51.2k NOK → 500 NOK (-99.0% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.03× → 0.60× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
↓
COGS moved

COGS / varekostnad 73.6k NOK → 119.0k NOK (+61.8% YoY). Calculated

·
Thin equity buffer

Equity ratio is -29.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation