Org.nr 919 802 766 2019 → 2020 Year-over-year analysis

ADVENTURE OF A LIFETIME AS: årsregnskap 2020 vs 2019

Slipped into loss

approved 2021-06-14; registry 2021-09-11; journal 2021 744449

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADVENTURE OF A LIFETIME AS. Net result +11.0k NOK → -8 183 NOK. Equity 449.1k NOK → 441.0k NOK.

On the constructive side: operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.

Net tougher year on the published lines.

Scorecard

Operating result
-8 967 NOK -8 189 NOK
+8.7%
Net result
+11.0k NOK -8 183 NOK
-174.2%
Equity
449.1k NOK 441.0k NOK
-1.8%
Cash
29.2k NOK 21.0k NOK
-28.1%
Total assets
699.2k NOK 671.0k NOK
-4.0%

What improved

  • ↑

    Operating result improved

    Operating result -8 967 NOK → -8 189 NOK. Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 11.0k NOK profit to a loss of 8 183 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 449.1k NOK → 441.0k NOK (equity ratio 64.2% → 65.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 29.2k NOK → 21.0k NOK (-28.1% YoY). Calculated