ADVENTURE NORWAY AS: årsregnskap 2022 vs 2021
Shrank 16% on revenue, weaker earnings
approved 2023-05-10; registry 2023-06-01; journal 2023 445436
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVENTURE NORWAY AS. Revenue 3.01m NOK → 2.52m NOK (-16.4%). Net result +525.8k NOK → +64.2k NOK. Equity 520.9k NOK → 1.59m NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVENTURE NORWAY AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 520.9k NOK → 1.59m NOK. Calculated
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↑
Cash rose
Bank deposits 47.0k NOK → 301.8k NOK (+542.6% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.01m NOK to 2.52m NOK (-16.4% YoY). Calculated
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↓
Operating result weakened
Operating result +696.5k NOK → +134.0k NOK (op. margin 23.1% → 5.3%). Calculated
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↓
Net result weakened
Net result +525.8k NOK → +64.2k NOK (net margin 17.4% → 2.5%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 274.8k NOK → 218.8k NOK (-20.4% YoY). Calculated