ACTIVESPORT AS: årsregnskap 2022 vs 2021
Shrank 76% on revenue, slipped into loss
approved 2023-06-24; registry 2023-07-08; journal 2023 590517
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ACTIVESPORT AS. Revenue 452.2k NOK → 109.4k NOK (-75.8%). Net result +78.3k NOK → -80.4k NOK. Equity -34.8k NOK → -115.2k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ACTIVESPORT AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 452.2k NOK to 109.4k NOK (-75.8% YoY). Calculated
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Operating result weakened
Operating result +118.8k NOK → -89.5k NOK (op. margin 26.3% → -81.8%). Calculated
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Fell into a net loss
Net result flipped from 78.3k NOK profit to a loss of 80.4k NOK. Calculated
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Equity eroded
Book equity -34.8k NOK → -115.2k NOK (equity ratio -7.6% → -44.2%). Calculated
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Current ratio dropped below 1×
Current ratio 1.57× → 0.95× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Thin equity buffer
Equity ratio is -44.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 245.4k NOK → 112.6k NOK (-54.1% YoY). Calculated