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Org.nr 918 295 100 2023 → 2024 Year-over-year analysis

ADVENTURE GROUP AS: årsregnskap 2024 vs 2023

Grew 62% on revenue, stronger earnings

approved 2025-06-30; registry 2025-07-08; journal 2025 650905

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for ADVENTURE GROUP AS. Revenue 4.22m NOK → 6.85m NOK (+62.3%). Net result -3.04m NOK → -1.73m NOK. Equity 1.80m NOK → 2.17m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVENTURE GROUP AS.

At a glance

Scorecard

Revenue
4.22m NOK 6.85m NOK
+62.3%
Operating result
-3.00m NOK -1.52m NOK
+49.2%
Net result
-3.04m NOK -1.73m NOK
+43.1%
Equity
1.80m NOK 2.17m NOK
+20.5%
Cash
135.0k NOK 469.2k NOK
+247.6%
Total assets
5.90m NOK 8.75m NOK
+48.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.22m NOK to 6.85m NOK (+62.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -3.00m NOK → -1.52m NOK (op. margin -71.1% → -22.3%). Calculated

  • ↑

    Net result improved

    Net result -3.04m NOK → -1.73m NOK (net margin -72.1% → -25.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.80m NOK → 2.17m NOK (equity ratio 30.6% → 24.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 135.0k NOK → 469.2k NOK (+247.6% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.01× → 0.93× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 2.58m NOK → 5.37m NOK (+108.3% YoY). Calculated