ADVENTURELAB AS: årsregnskap 2022 vs 2021
Grew 8% on revenue, slipped into loss
approved 2023-06-29; registry 2023-07-03; journal 2023 559334
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVENTURELAB AS. Revenue 315.4k NOK → 339.4k NOK (+7.6%). Net result +46.4k NOK → -99.8k NOK. Equity 20.9k NOK → -78.8k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; cogs moved. 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 315.4k NOK to 339.4k NOK (+7.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +65.6k NOK → -98.9k NOK (op. margin 20.8% → -29.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 46.4k NOK profit to a loss of 99.8k NOK. Calculated
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↓
Equity eroded
Book equity 20.9k NOK → -78.8k NOK (equity ratio 12.4% → -59.5%). Calculated
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↓
Cash fell
Bank deposits 151.9k NOK → 83.0k NOK (-45.4% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.14× → 0.63× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -59.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 184.2k NOK → 244.9k NOK (+32.9% YoY). Calculated