FirmaIQ
Org.nr 918 295 100 2018 → 2019 Year-over-year analysis

ADVENTURE GROUP AS: årsregnskap 2019 vs 2018

Grew 2947% on revenue, weaker earnings, fresh owner capital

approved 2020-05-26; registry 2020-09-26; journal 2020 861723

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADVENTURE GROUP AS. Revenue 8 169 NOK → 248.9k NOK (+2947.1%). Net result -459.4k NOK → -1.56m NOK. Equity -457.5k NOK → 584.3k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
8 169 NOK 248.9k NOK
+2947.1%
Operating result
-455.6k NOK -1.55m NOK
-240.6%
Net result
-459.4k NOK -1.56m NOK
-238.8%
Equity
-457.5k NOK 584.3k NOK
+227.7%
Cash
2 888 NOK 422.4k NOK
+14527.0%
Total assets
2 888 NOK 872.7k NOK
+30119.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8 169 NOK to 248.9k NOK (+2947.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity -457.5k NOK → 584.3k NOK (equity ratio -15840.3% → 67.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 2 888 NOK → 422.4k NOK (+14527.0% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.01× → 3.03×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 30.0k NOK → 2.63m NOK (+2.60m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -455.6k NOK → -1.55m NOK (op. margin -5577.6% → -623.5%). Calculated

  • ↓

    Net result weakened

    Net result -459.4k NOK → -1.56m NOK (net margin -5623.9% → -625.4%). Calculated