A2 DRIFT AS: årsregnskap 2018 vs 2017
Shrank 100% on revenue, slipped into loss, cash halved-plus
approved 2019-08-23; registry 2019-08-28; journal 2019 930723
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for A2 DRIFT AS. Revenue 950.5k NOK → 999 NOK (-99.9%). Net result +61.4k NOK → -90.8k NOK. Equity 2.06m NOK → 1.97m NOK.
Pressures included: revenue fell; fell into a net loss; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
950.5k NOK
999 NOK
-99.9%
Operating result
n/m
+134.1k NOK
—
Net result
+61.4k NOK
-90.8k NOK
-247.9%
Equity
2.06m NOK
1.97m NOK
-4.4%
Cash
619.4k NOK
61.0k NOK
-90.1%
Total assets
10.25m NOK
10.15m NOK
-1.0%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 950.5k NOK to 999 NOK (-99.9% YoY). Calculated
-
↓
Fell into a net loss
Net result flipped from 61.4k NOK profit to a loss of 90.8k NOK. Calculated
-
↓
Equity eroded
Book equity 2.06m NOK → 1.97m NOK (equity ratio 20.1% → 19.4%). Calculated
-
↓
Cash fell
Bank deposits 619.4k NOK → 61.0k NOK (-90.1% YoY). Calculated