Org.nr 979 710 070 2019 → 2020 Year-over-year analysis

ADVENTURE AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2020-12-31; registry 2021-09-11; journal 2021 692820

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADVENTURE AS. Net result +30.1k NOK → +52.9k NOK. Equity 4.05m NOK → 4.10m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: operating result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVENTURE AS.

Scorecard

Revenue
0 NOK n/m
—
Operating result
+34.6k NOK -17.5k NOK
-150.5%
Net result
+30.1k NOK +52.9k NOK
+75.8%
Equity
4.05m NOK 4.10m NOK
+1.3%
Cash
27 NOK 1 203 NOK
+4355.6%
Total assets
4.24m NOK 4.30m NOK
+1.3%

What improved

  • ↑

    Net result improved

    Net result +30.1k NOK → +52.9k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 4.05m NOK → 4.10m NOK (equity ratio 95.4% → 95.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 27 NOK → 1 203 NOK (+4355.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +34.6k NOK → -17.5k NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 164.0k NOK → 253.3k NOK. Reported fact