Org.nr 919 595 531 2020 → 2021 Year-over-year analysis

ADVENTURELAB AS: årsregnskap 2021 vs 2020

Grew 9% on revenue, returned to profit

approved 2022-06-30; registry 2022-08-15; journal 2022 897291

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADVENTURELAB AS. Revenue 289.4k NOK → 315.4k NOK (+9.0%). Net result -33.7k NOK → +46.4k NOK. Equity -25.5k NOK → 20.9k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVENTURELAB AS.

Scorecard

Revenue
289.4k NOK 315.4k NOK
+9.0%
Operating result
-33.8k NOK +65.6k NOK
+294.3%
Net result
-33.7k NOK +46.4k NOK
+237.5%
Equity
-25.5k NOK 20.9k NOK
+182.2%
Cash
97.0k NOK 151.9k NOK
+56.5%
Total assets
97.0k NOK 169.0k NOK
+74.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 289.4k NOK to 315.4k NOK (+9.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -33.8k NOK → +65.6k NOK (op. margin -11.7% → 20.8%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 33.7k NOK to a profit of 46.4k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -25.5k NOK → 20.9k NOK (equity ratio -26.3% → 12.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 97.0k NOK → 151.9k NOK (+56.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 274.9k NOK → 184.2k NOK (-33.0% YoY). Calculated