ADVENTURELAB AS: årsregnskap 2020 vs 2019
Grew 133860% on revenue, weaker earnings
approved 2021-08-31; registry 2021-09-15; journal 2021 760018
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVENTURELAB AS. Revenue 216 NOK → 289.4k NOK (+133860.2%). Net result -5 314 NOK → -33.7k NOK. Equity 8 271 NOK → -25.5k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVENTURELAB AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 216 NOK to 289.4k NOK (+133860.2% YoY). Calculated
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↑
Cash rose
Bank deposits 8 271 NOK → 97.0k NOK (+1073.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -5 348 NOK → -33.8k NOK (op. margin -2475.9% → -11.7%). Calculated
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↓
Net result weakened
Net result -5 314 NOK → -33.7k NOK (net margin -2460.2% → -11.7%). Calculated
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↓
Equity eroded
Book equity 8 271 NOK → -25.5k NOK (equity ratio 100.0% → -26.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -26.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation