Org.nr 988 635 766 2020 → 2021 Year-over-year analysis

AH DRILLING CONSULTANCY AS: årsregnskap 2021 vs 2020

Weaker earnings

registry 2022-07-09; journal 2022 657118

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AH DRILLING CONSULTANCY AS. Net result -2 500 NOK → -332.9k NOK. Equity 0 NOK → 9.40m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened; current ratio dropped below 1×.

Also worth watching: book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for AH DRILLING CONSULTANCY AS.

Scorecard

Revenue
n/m 0 NOK
—
Operating result
-39.6k NOK -114.6k NOK
-189.4%
Net result
-2 500 NOK -332.9k NOK
-13215.2%
Equity
0 NOK 9.40m NOK
—
Cash
8 738 NOK 307.6k NOK
+3420.4%
Total assets
9.74m NOK 9.39m NOK
-3.6%

What improved

  • ↑

    Equity strengthened

    Book equity 0 NOK → 9.40m NOK (equity ratio 0.0% → 100.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 8 738 NOK → 307.6k NOK (+3420.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -39.6k NOK → -114.6k NOK. Calculated

  • ↓

    Net result weakened

    Net result -2 500 NOK → -332.9k NOK. Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1330.17× → -1399.98× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 4.50m NOK → 866.8k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 0. Reported fact