ADVENTURE TAILOR AS: årsregnskap 2021 vs 2020
Grew 187% on revenue, stronger earnings
approved 2022-06-30; registry 2022-07-20; journal 2022 743022
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ADVENTURE TAILOR AS. Revenue 336.6k NOK → 965.0k NOK (+186.7%). Net result +45.5k NOK → +324.9k NOK. Equity 120.0k NOK → 58.4k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADVENTURE TAILOR AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 336.6k NOK to 965.0k NOK (+186.7% YoY). Calculated
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Operating result improved
Operating result +75.4k NOK → +443.3k NOK (op. margin 22.4% → 45.9%). Calculated
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Net result improved
Net result +45.5k NOK → +324.9k NOK (net margin 13.5% → 33.7%). Calculated
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Cash rose
Bank deposits -1 433 NOK → 26.5k NOK (+1949.3% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 120.0k NOK → 58.4k NOK (equity ratio 51.8% → 10.8%). Calculated
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Current ratio dropped below 1×
Current ratio 1.08× → 0.91× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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COGS moved
COGS / varekostnad 29.5k NOK → 221.1k NOK (+649.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 110.9k NOK → 99.8k NOK. Reported fact