ACTIVE ADVENTURE TRAVEL AS: årsregnskap 2021 vs 2020
Grew 53% on revenue, weaker earnings
registry 2022-08-03; journal 2022 875755
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACTIVE ADVENTURE TRAVEL AS. Revenue 123.6k NOK → 188.7k NOK (+52.7%). Net result -51.5k NOK → -176.1k NOK. Equity 128.5k NOK → -47.6k NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACTIVE ADVENTURE TRAVEL AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 123.6k NOK to 188.7k NOK (+52.7% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio -818.25× → 4.56×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -49.2k NOK → -157.5k NOK (op. margin -39.8% → -83.4%). Calculated
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↓
Net result weakened
Net result -51.5k NOK → -176.1k NOK (net margin -41.7% → -93.3%). Calculated
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↓
Equity eroded
Book equity 128.5k NOK → -47.6k NOK (equity ratio 23.3% → -10.1%). Calculated
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↓
Cash fell
Bank deposits 382.8k NOK → 373.5k NOK (-2.4% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -10.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation