ADVENTURE AS: årsregnskap 2019 vs 2018
Returned to profit, cash halved-plus
approved 2019-12-31; registry 2020-06-25; journal 2020 491837
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVENTURE AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -437.2k NOK → +30.1k NOK. Equity 4.02m NOK → 4.05m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: cash fell.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
0 NOK
0 NOK
0.0%
Operating result
-541.2k NOK
+34.6k NOK
+106.4%
Net result
-437.2k NOK
+30.1k NOK
+106.9%
Equity
4.02m NOK
4.05m NOK
+0.7%
Cash
1 706 NOK
27 NOK
-98.4%
Total assets
4.47m NOK
4.24m NOK
-5.1%
What improved
-
↑
Operating result improved
Operating result -541.2k NOK → +34.6k NOK. Calculated
-
↑
Turned profitable
Net result flipped from a loss of 437.2k NOK to a profit of 30.1k NOK. Calculated
-
↑
Equity strengthened
Book equity 4.02m NOK → 4.05m NOK (equity ratio 89.8% → 95.4%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 1 706 NOK → 27 NOK (-98.4% YoY). Calculated