ADVENTURE PHOTO AS: årsregnskap 2019 vs 2018
Shrank 22% on revenue
approved 2020-03-17; registry 2020-03-19; journal 2020 248466
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVENTURE PHOTO AS. Revenue 1.05m NOK → 826.6k NOK (-21.6%). Equity 151.2k NOK → 161.6k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
1.05m NOK
826.6k NOK
-21.6%
Net result
+3 NOK
n/m
—
Equity
151.2k NOK
161.6k NOK
+6.9%
Cash
61.8k NOK
61.4k NOK
-0.6%
Total assets
271.0k NOK
363.7k NOK
+34.2%
What improved
-
↑
Equity strengthened
Book equity 151.2k NOK → 161.6k NOK (equity ratio 55.8% → 44.4%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.05m NOK to 826.6k NOK (-21.6% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.86× → 0.30× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated