ADVENTURE TOURS AS: årsregnskap 2019 vs 2018
Shrank 7% on revenue, stronger earnings
approved 2020-04-24; registry 2020-07-14; journal 2020 587018
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ADVENTURE TOURS AS. Revenue 1.57m NOK → 1.46m NOK (-6.8%). Net result +26.6k NOK → +50.5k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVENTURE TOURS AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +92.0k NOK → +135.9k NOK (op. margin 5.9% → 9.3%). Calculated
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↑
Net result improved
Net result +26.6k NOK → +50.5k NOK (net margin 1.7% → 3.5%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.57m NOK to 1.46m NOK (-6.8% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 83.3k NOK → 13.2k NOK (-84.2% YoY). Calculated