ACCESS ADVENTURES AS: årsregnskap 2020 vs 2019
Shrank 93% on revenue, stronger earnings
approved 2021-08-31; registry 2021-11-02; journal 2021 893919
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACCESS ADVENTURES AS. Revenue 993.1k NOK → 69.5k NOK (-93.0%). Net result -614.4k NOK → -215.4k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACCESS ADVENTURES AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -609.4k NOK → -212.1k NOK (op. margin -61.4% → -305.3%). Calculated
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↑
Net result improved
Net result -614.4k NOK → -215.4k NOK (net margin -61.9% → -309.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 993.1k NOK to 69.5k NOK (-93.0% YoY). Calculated
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↓
Cash fell
Bank deposits 1.31m NOK → 878.4k NOK (-32.9% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 71.5k NOK → 73.6k NOK. Reported fact