Org.nr 815 387 252 2020 → 2021 Year-over-year analysis

ADVENTURE THOR AS: årsregnskap 2021 vs 2020

Grew 534% on revenue, returned to profit, fresh owner capital

approved 2022-05-08; registry 2022-08-02; journal 2022 852012

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVENTURE THOR AS. Revenue 37.8k NOK → 239.3k NOK (+533.7%). Net result -1 919 NOK → +45.9k NOK. Equity 17.8k NOK → 63.7k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVENTURE THOR AS.

Scorecard

Revenue
37.8k NOK 239.3k NOK
+533.7%
Operating result
-1 824 NOK +47.0k NOK
+2675.4%
Net result
-1 919 NOK +45.9k NOK
+2492.6%
Equity
17.8k NOK 63.7k NOK
+258.5%
Cash
16.4k NOK 101.3k NOK
+518.7%
Total assets
21.2k NOK 115.9k NOK
+447.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 37.8k NOK to 239.3k NOK (+533.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1 824 NOK → +47.0k NOK (op. margin -4.8% → 19.6%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1 919 NOK to a profit of 45.9k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 17.8k NOK → 63.7k NOK (equity ratio 83.9% → 54.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 16.4k NOK → 101.3k NOK (+518.7% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 11.2k NOK → 192.3k NOK (+1614.7% YoY). Calculated