ADVENTURE GROUP AS: årsregnskap 2021 vs 2020
Shrank 23% on revenue, slipped into loss, fresh owner capital
approved 2021-12-31; registry 2022-07-20; journal 2022 745548
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVENTURE GROUP AS. Revenue 836.5k NOK → 640.5k NOK (-23.4%). Net result +95.5k NOK → -2.14m NOK. Equity 12 NOK → 1.35m NOK.
On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 12 NOK → 1.35m NOK (equity ratio 0.0% → 39.3%). Calculated
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↑
Cash rose
Bank deposits 464.5k NOK → 680.7k NOK (+46.6% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 184.6k NOK → 3.40m NOK (+3.21m NOK). Reported fact
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↑
Payroll decreased
Salary cost 3847.02bn NOK → 2 NOK (459904255% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 836.5k NOK to 640.5k NOK (-23.4% YoY). Calculated
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↓
Operating result weakened
Operating result +96.5k NOK → -2.14m NOK (op. margin 11.5% → -334.0%). Calculated
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↓
Fell into a net loss
Net result flipped from 95.5k NOK profit to a loss of 2.14m NOK. Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.70× → 0.64× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
COGS moved
COGS / varekostnad 97.8k NOK → 801.7k NOK (+720.0% YoY). Calculated