ADVENTURE HELGELAND AS: årsregnskap 2024 vs 2023
Grew 60% on revenue, stronger earnings, cash halved-plus
registry 2025-07-15; journal 2025 676819
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADVENTURE HELGELAND AS. Revenue 4.49m NOK → 7.18m NOK (+60.0%). Net result -273.3k NOK → -55.8k NOK. Equity 102.9k NOK → 47.1k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVENTURE HELGELAND AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.49m NOK to 7.18m NOK (+60.0% YoY). Calculated
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↑
Operating result improved
Operating result -273.0k NOK → -50.2k NOK (op. margin -6.1% → -0.7%). Calculated
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↑
Net result improved
Net result -273.3k NOK → -55.8k NOK (net margin -6.1% → -0.8%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 102.9k NOK → 47.1k NOK (equity ratio 12.1% → 5.5%). Calculated
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↓
Cash fell
Bank deposits 270.8k NOK → 62.8k NOK (-76.8% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.00× → 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 5.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 2.08m NOK → 2.76m NOK (+32.6% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 2 → 4. Reported fact