ADVENTURE 4 LIFE AS: årsregnskap 2023 vs 2022
Grew 697% on revenue, slipped into loss, cash halved-plus
approved 2024-02-02; registry 2024-05-06; journal 2024 395489
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVENTURE 4 LIFE AS. Revenue 75.8k NOK → 604.2k NOK (+697.3%). Net result +39.9k NOK → -27.5k NOK. Equity 4.10m NOK → 102.0k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVENTURE 4 LIFE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 75.8k NOK to 604.2k NOK (+697.3% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +65.7k NOK → -17.6k NOK (op. margin 86.7% → -2.9%). Calculated
-
↓
Fell into a net loss
Net result flipped from 39.9k NOK profit to a loss of 27.5k NOK. Calculated
-
↓
Equity eroded
Book equity 4.10m NOK → 102.0k NOK. Calculated
-
↓
Cash fell
Bank deposits 118.2k NOK → 40.5k NOK (-65.7% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost -85.1k NOK → 38.6k NOK (-112% → 6% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad -714 NOK → 358.4k NOK (+50292.7% YoY). Calculated