Org.nr 984 638 051 2023 → 2024 Year-over-year analysis

ACCESS ADVENTURES AS: årsregnskap 2024 vs 2023

Shrank 95% on revenue, weaker earnings, cash halved-plus

approved 2025-05-23; registry 2025-05-26; journal 2025 470689

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ACCESS ADVENTURES AS. Revenue 455.4k NOK → 24.7k NOK (-94.6%). Net result -735.9k NOK → -1.11m NOK. Equity 2.69m NOK → 1.58m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ACCESS ADVENTURES AS.

Scorecard

Revenue
455.4k NOK 24.7k NOK
-94.6%
Operating result
-733.6k NOK -1.12m NOK
-52.4%
Net result
-735.9k NOK -1.11m NOK
-51.4%
Equity
2.69m NOK 1.58m NOK
-41.4%
Cash
1.12m NOK 170.5k NOK
-84.7%
Total assets
3.75m NOK 2.06m NOK
-45.2%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 455.4k NOK to 24.7k NOK (-94.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -733.6k NOK → -1.12m NOK (op. margin -161.1% → -4530.6%). Calculated

  • ↓

    Net result weakened

    Net result -735.9k NOK → -1.11m NOK (net margin -161.6% → -4514.8%). Calculated

  • ↓

    Equity eroded

    Book equity 2.69m NOK → 1.58m NOK (equity ratio 71.6% → 76.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.12m NOK → 170.5k NOK (-84.7% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.12m NOK → 170.5k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation