ACTIVE ADVENTURE TRAVEL AS: årsregnskap 2020 vs 2019
Shrank 91% on revenue, slipped into loss
approved 2021-04-08; registry 2022-07-21; journal 2022 747772
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACTIVE ADVENTURE TRAVEL AS. Revenue 1.43m NOK → 123.6k NOK (-91.4%). Net result +59.3k NOK → -51.5k NOK. Equity 180.0k NOK → 128.5k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 1.43m NOK to 123.6k NOK (-91.4% YoY). Calculated
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Operating result weakened
Operating result +87.5k NOK → -49.2k NOK (op. margin 6.1% → -39.8%). Calculated
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Fell into a net loss
Net result flipped from 59.3k NOK profit to a loss of 51.5k NOK. Calculated
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Equity eroded
Book equity 180.0k NOK → 128.5k NOK (equity ratio 32.8% → 23.3%). Calculated
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Cash fell
Bank deposits 491.5k NOK → 382.8k NOK (-22.1% YoY). Calculated