Org.nr 916 941 935 2023 → 2024 Year-over-year analysis

ADVENTUREWORKS AS: årsregnskap 2024 vs 2023

Shrank 100% on revenue, weaker earnings, cash halved-plus

approved 2025-04-13; registry 2025-04-15; journal 2025 379729

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVENTUREWORKS AS. Revenue 5 000 NOK → 0 NOK (-100.0%). Net result +621.6k NOK → +456.9k NOK. Equity 532.4k NOK → 1.99m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

Scorecard

Revenue
5 000 NOK 0 NOK
-100.0%
Operating result
-12.9k NOK -22.3k NOK
-73.4%
Net result
+621.6k NOK +456.9k NOK
-26.5%
Equity
532.4k NOK 1.99m NOK
+273.7%
Cash
7 523 NOK 2 006 NOK
-73.3%
Total assets
533.2k NOK 1.99m NOK
+273.0%

What improved

  • ↑

    Equity strengthened

    Book equity 532.4k NOK → 1.99m NOK (equity ratio 99.9% → 100.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 9 179 NOK → 3 690 NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5 000 NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -12.9k NOK → -22.3k NOK. Calculated

  • ↓

    Net result weakened

    Net result +621.6k NOK → +456.9k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 7 523 NOK → 2 006 NOK (-73.3% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 609.21× → -2.92× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated