ADVENTURELAB AS: årsregnskap 2023 vs 2022
Grew 7% on revenue, returned to profit, cash halved-plus
approved 2024-06-30; registry 2024-08-12; journal 2024 725508
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVENTURELAB AS. Revenue 339.4k NOK → 363.7k NOK (+7.2%). Net result -99.8k NOK → +9 515 NOK. Equity -78.8k NOK → -69.3k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: thin equity buffer; cogs fell. 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 339.4k NOK to 363.7k NOK (+7.2% YoY). Calculated
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Operating result improved
Operating result -98.9k NOK → +17.8k NOK (op. margin -29.2% → 4.9%). Calculated
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Turned profitable
Net result flipped from a loss of 99.8k NOK to a profit of 9 515 NOK. Calculated
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↑
Equity strengthened
Book equity -78.8k NOK → -69.3k NOK (equity ratio -59.5% → -257.0%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 83.0k NOK → 27.0k NOK (-67.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -257.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 244.9k NOK → 178.2k NOK (-27.2% YoY). Calculated