ADVENTURE 4 LIFE AS: årsregnskap 2021 vs 2020
Shrank 15% on revenue
approved 2022-06-30; registry 2022-07-27; journal 2022 796412
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVENTURE 4 LIFE AS. Revenue 273.3k NOK → 232.3k NOK (-15.0%). Net result -29.0k NOK → -27.5k NOK. Equity 103.6k NOK → 97.5k NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVENTURE 4 LIFE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -36.4k NOK → -28.1k NOK (op. margin -13.3% → -12.1%). Calculated
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↑
Net result improved
Net result -29.0k NOK → -27.5k NOK (net margin -10.6% → -11.8%). Calculated
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Cash rose
Bank deposits 69.7k NOK → 162.8k NOK (+133.7% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 273.3k NOK to 232.3k NOK (-15.0% YoY). Calculated
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↓
Equity eroded
Book equity 103.6k NOK → 97.5k NOK (equity ratio 102.5% → 25.8%). Calculated
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↓
Payroll up without matching revenue
Salary cost 1 454 NOK → 87.4k NOK (1% → 38% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 118.2k NOK → 12.0k NOK (-89.8% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 0 → 0.2. Reported fact