ADVENTURES CAPITAL AS: årsregnskap 2020 vs 2019
Returned to profit, cash halved-plus
approved 2021-09-09; registry 2021-09-13; journal 2021 753489
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADVENTURES CAPITAL AS. Net result -137.1k NOK → +268.8k NOK. Equity -117.5k NOK → 151.3k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVENTURES CAPITAL AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -135.1k NOK → -105.5k NOK. Calculated
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↑
Turned profitable
Net result flipped from a loss of 137.1k NOK to a profit of 268.8k NOK. Calculated
-
↑
Equity strengthened
Book equity -117.5k NOK → 151.3k NOK (equity ratio -26.4% → 58.5%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 25.7k NOK → 8 818 NOK (-65.7% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 2 335 NOK → 63.8k NOK (+2632.0% YoY). Calculated