Org.nr 815 387 252 2023 → 2024 Year-over-year analysis

ADVENTURE THOR AS: årsregnskap 2024 vs 2023

Grew 398% on revenue, weaker earnings

approved 2025-05-24; registry 2025-06-04; journal 2025 515206

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVENTURE THOR AS. Revenue 257.1k NOK → 1.28m NOK (+398.4%). Net result +83.3k NOK → +32.9k NOK. Equity 148.7k NOK → 181.6k NOK.

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

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

Scorecard

Revenue
257.1k NOK 1.28m NOK
+398.4%
Operating result
+128.5k NOK +51.9k NOK
-59.6%
Net result
+83.3k NOK +32.9k NOK
-60.5%
Equity
148.7k NOK 181.6k NOK
+22.1%
Cash
266.3k NOK 293.0k NOK
+10.0%
Total assets
382.6k NOK 407.0k NOK
+6.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 257.1k NOK to 1.28m NOK (+398.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 148.7k NOK → 181.6k NOK (equity ratio 38.9% → 44.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 266.3k NOK → 293.0k NOK (+10.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +128.5k NOK → +51.9k NOK (op. margin 50.0% → 4.1%). Calculated

  • ↓

    Net result weakened

    Net result +83.3k NOK → +32.9k NOK (net margin 32.4% → 2.6%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 0 NOK → 7 943 NOK (0% → 1% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 891.0k NOK → 912.0k NOK (+2.4% YoY). Calculated