ADV FINANCE AS: årsregnskap 2023 vs 2022
Grew 7% on revenue, weaker earnings
approved 2024-06-28; registry 2024-07-06; journal 2024 587215
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADV FINANCE AS. Revenue 10.03m NOK → 10.69m NOK (+6.6%). Net result +309.2k NOK → +9 333 NOK. Equity 1.01m NOK → 1.01m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADV FINANCE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 10.03m NOK to 10.69m NOK (+6.6% YoY). Calculated
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↑
Equity strengthened
Book equity 1.01m NOK → 1.01m NOK (equity ratio 42.9% → 43.7%). Calculated
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↑
Cash rose
Bank deposits 686.1k NOK → 800.5k NOK (+16.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +509.4k NOK → +165.5k NOK (op. margin 5.1% → 1.5%). Calculated
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↓
Net result weakened
Net result +309.2k NOK → +9 333 NOK (net margin 3.1% → 0.1%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 7.33m NOK → 8.52m NOK (+16.2% YoY). Calculated