ACTIVE ADVENTURE TRAVEL AS: årsregnskap 2022 vs 2021
Grew 425% on revenue, stronger earnings
registry 2023-05-30; journal 2023 438994
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ACTIVE ADVENTURE TRAVEL AS. Revenue 188.7k NOK → 991.0k NOK (+425.1%). Net result -176.1k NOK → -49.4k NOK. Equity -47.6k NOK → -80.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. 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 188.7k NOK to 991.0k NOK (+425.1% YoY). Calculated
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Operating result improved
Operating result -157.5k NOK → -13.4k NOK (op. margin -83.4% → -1.3%). Calculated
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Net result improved
Net result -176.1k NOK → -49.4k NOK (net margin -93.3% → -5.0%). Calculated
What deteriorated
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↓
Equity eroded
Book equity -47.6k NOK → -80.3k NOK (equity ratio -10.1% → -17.5%). Calculated
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↓
Cash fell
Bank deposits 373.5k NOK → 355.4k NOK (-4.9% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -17.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 0 NOK → 2 715 NOK. Reported fact