Org.nr 984 638 051 2020 → 2021 Year-over-year analysis

ACCESS ADVENTURES AS: årsregnskap 2021 vs 2020

Grew 1514% on revenue, stronger earnings

approved 2022-06-29; registry 2022-07-02; journal 2022 589464

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ACCESS ADVENTURES AS. Revenue 69.5k NOK → 1.12m NOK (+1513.5%). Net result -215.4k NOK → -10.9k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.

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

Scorecard

Revenue
69.5k NOK 1.12m NOK
+1513.5%
Operating result
-212.1k NOK -54.6k NOK
+74.3%
Net result
-215.4k NOK -10.9k NOK
+95.0%
Cash
878.4k NOK 573.9k NOK
-34.7%
Total assets
2.86m NOK 2.96m NOK
+3.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 69.5k NOK to 1.12m NOK (+1513.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -212.1k NOK → -54.6k NOK (op. margin -305.3% → -4.9%). Calculated

  • ↑

    Net result improved

    Net result -215.4k NOK → -10.9k NOK (net margin -309.9% → -1.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 878.4k NOK → 573.9k NOK (-34.7% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.32× → 0.14× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 73.6k NOK → 71.5k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 0. Reported fact