FirmaIQ
Org.nr 915 362 583 2019 → 2020 Year-over-year analysis

ADVENTURE NORWAY AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-05-07; registry 2021-05-15; journal 2021 289302

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ADVENTURE NORWAY AS. Revenue 1.76m NOK → 1.82m NOK (+3.7%). Net result +204.1k NOK → +359.4k NOK. Equity 635.6k NOK → 995.1k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

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

At a glance

Scorecard

Revenue
1.76m NOK 1.82m NOK
+3.7%
Operating result
+263.1k NOK +462.6k NOK
+75.8%
Net result
+204.1k NOK +359.4k NOK
+76.1%
Equity
635.6k NOK 995.1k NOK
+56.5%
Cash
149.0k NOK 161.8k NOK
+8.6%
Total assets
187.5k NOK 1.45m NOK
+671.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.76m NOK to 1.82m NOK (+3.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +263.1k NOK → +462.6k NOK (op. margin 15.0% → 25.4%). Calculated

  • ↑

    Net result improved

    Net result +204.1k NOK → +359.4k NOK (net margin 11.6% → 19.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 635.6k NOK → 995.1k NOK (equity ratio 339.0% → 68.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 149.0k NOK → 161.8k NOK (+8.6% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 174.0k NOK → 74.4k NOK (-57.2% YoY). Calculated