Org.nr 815 387 252 2021 → 2022 Year-over-year analysis

ADVENTURE THOR AS: årsregnskap 2022 vs 2021

Grew 72% on revenue, weaker earnings

approved 2023-06-19; registry 2023-06-21; journal 2023 507544

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVENTURE THOR AS. Revenue 239.3k NOK → 411.5k NOK (+72.0%). Net result +45.9k NOK → +1 741 NOK. Equity 63.7k NOK → 65.4k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for ADVENTURE THOR AS.

Scorecard

Revenue
239.3k NOK 411.5k NOK
+72.0%
Operating result
+47.0k NOK +6 165 NOK
-86.9%
Net result
+45.9k NOK +1 741 NOK
-96.2%
Equity
63.7k NOK 65.4k NOK
+2.7%
Cash
101.3k NOK 160.5k NOK
+58.5%
Total assets
115.9k NOK 210.6k NOK
+81.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 239.3k NOK to 411.5k NOK (+72.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 63.7k NOK → 65.4k NOK (equity ratio 54.9% → 31.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 101.3k NOK → 160.5k NOK (+58.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +47.0k NOK → +6 165 NOK (op. margin 19.6% → 1.5%). Calculated

  • ↓

    Net result weakened

    Net result +45.9k NOK → +1 741 NOK (net margin 19.2% → 0.4%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 63.7k NOK → 24.3k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 192.3k NOK → 361.8k NOK (+88.1% YoY). Calculated