ADVENTURE CRAFT AS: årsregnskap 2025 vs 2024
Shrank 36% on revenue, weaker earnings
approved 2026-06-29; registry 2026-06-30; journal 2026 605390
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for ADVENTURE CRAFT AS. Revenue 690.4k NOK → 438.5k NOK (-36.5%). Net result -11.9k NOK → -25.4k NOK. Equity 43.0k NOK → 17.5k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVENTURE CRAFT AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 31.9k NOK → 237.5k NOK (+643.6% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 690.4k NOK to 438.5k NOK (-36.5% YoY). Calculated
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↓
Operating result weakened
Operating result -12.8k NOK → -23.9k NOK (op. margin -1.8% → -5.5%). Calculated
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↓
Net result weakened
Net result -11.9k NOK → -25.4k NOK (net margin -1.7% → -5.8%). Calculated
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↓
Equity eroded
Book equity 43.0k NOK → 17.5k NOK (equity ratio 62.9% → 6.7%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.26× → 0.97× — 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 6.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation