ADVENTURE HELGELAND AS: årsregnskap 2021 vs 2020
Shrank 19% on revenue, stronger earnings
approved 2022-06-30; registry 2022-07-16; journal 2022 712926
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVENTURE HELGELAND AS. Revenue 184.4k NOK → 149.4k NOK (-19.0%). Net result +52.3k NOK → +66.9k NOK. Equity 75.2k NOK → 142.1k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +65.1k NOK → +86.0k NOK (op. margin 35.3% → 57.6%). Calculated
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Net result improved
Net result +52.3k NOK → +66.9k NOK (net margin 28.4% → 44.7%). Calculated
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↑
Equity strengthened
Book equity 75.2k NOK → 142.1k NOK (equity ratio 67.3% → 47.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 184.4k NOK to 149.4k NOK (-19.0% YoY). Calculated
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↓
Cash fell
Bank deposits 8 312 NOK → 6 378 NOK (-23.3% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 19.7k NOK → 1.15m NOK (11% → 772% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 65.2k NOK → 506.5k NOK (+676.5% YoY). Calculated