ADVENTURE TAILOR AS: årsregnskap 2023 vs 2022
Shrank 55% on revenue, stronger earnings, cash halved-plus
approved 2024-10-30; registry 2024-11-04; journal 2024 754946
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVENTURE TAILOR AS. Revenue 974.4k NOK → 441.3k NOK (-54.7%). Net result +136.3k NOK → +424.2k NOK. Equity 34.7k NOK → 258.9k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Also worth watching: cogs fell; 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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↑
Operating result improved
Operating result +213.6k NOK → +651.6k NOK (op. margin 21.9% → 147.7%). Calculated
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Net result improved
Net result +136.3k NOK → +424.2k NOK (net margin 14.0% → 96.1%). Calculated
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Equity strengthened
Book equity 34.7k NOK → 258.9k NOK (equity ratio 6.0% → 159.2%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 974.4k NOK to 441.3k NOK (-54.7% YoY). Calculated
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Cash fell
Bank deposits 73.7k NOK → 27.2k NOK (-63.1% YoY). Calculated
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Payroll up without matching revenue
Salary cost 4 536 NOK → 19.9k NOK (0% → 5% of revenue). Calculated
Things to notice
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COGS fell
COGS / varekostnad 172.3k NOK → 76.6k NOK (-55.6% YoY). Calculated
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Book investments changed
Investment / intangible book value 88.7k NOK → 77.6k NOK. Reported fact