Org.nr 891 493 002 2022 → 2023 Year-over-year analysis

A2 DRIFT AS: årsregnskap 2023 vs 2022

Shrank 64% on revenue, returned to profit

registry 2024-11-04; journal 2024 755076

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for A2 DRIFT AS. Revenue 132.6k NOK → 48.0k NOK (-63.8%). Net result -776.1k NOK → +389.5k NOK. Equity 429.7k NOK → 749.4k NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A2 DRIFT AS.

Scorecard

Revenue
132.6k NOK 48.0k NOK
-63.8%
Operating result
-868.0k NOK +406.3k NOK
+146.8%
Net result
-776.1k NOK +389.5k NOK
+150.2%
Equity
429.7k NOK 749.4k NOK
+74.4%
Cash
54.1k NOK 67.3k NOK
+24.4%
Total assets
1.04m NOK 927.0k NOK
-10.5%

What improved

  • ↑

    Operating result improved

    Operating result -868.0k NOK → +406.3k NOK (op. margin -654.7% → 846.4%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 776.1k NOK to a profit of 389.5k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 429.7k NOK → 749.4k NOK (equity ratio 41.5% → 80.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 54.1k NOK → 67.3k NOK (+24.4% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.28× → 17.64×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 132.6k NOK to 48.0k NOK (-63.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 862.7k NOK → 862 NOK. Reported fact