ADVENTURES BARCELONA AS: årsregnskap 2023 vs 2022
Shrank 62% on revenue, slipped into loss
approved 2024-07-18; registry 2024-07-20; journal 2024 655244
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVENTURES BARCELONA AS. Revenue 1.77m NOK → 674.0k NOK (-62.0%). Net result +297.5k NOK → -31.7k NOK. Equity -16.5k NOK → -48.2k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ADVENTURES BARCELONA AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 1.77m NOK to 674.0k NOK (-62.0% YoY). Calculated
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Operating result weakened
Operating result +294.6k NOK → -23.5k NOK (op. margin 16.6% → -3.5%). Calculated
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Fell into a net loss
Net result flipped from 297.5k NOK profit to a loss of 31.7k NOK. Calculated
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Equity eroded
Book equity -16.5k NOK → -48.2k NOK (equity ratio -18.1% → -93.7%). Calculated
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Cash fell
Bank deposits 84.7k NOK → 51.4k NOK (-39.3% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -93.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 1.33m NOK → 476.0k NOK (-64.2% YoY). Calculated