Org.nr 914 059 011 2023 → 2024 Year-over-year analysis

ADV FINANCE AS: årsregnskap 2024 vs 2023

Shrank 7% on revenue, stronger earnings

approved 2025-07-01; registry 2025-07-05; journal 2025 632206

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADV FINANCE AS. Revenue 10.69m NOK → 9.91m NOK (-7.3%). Net result +9 333 NOK → +30.4k NOK. Equity 1.01m NOK → 1.05m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADV FINANCE AS.

Scorecard

Revenue
10.69m NOK 9.91m NOK
-7.3%
Operating result
+165.5k NOK +229.2k NOK
+38.5%
Net result
+9 333 NOK +30.4k NOK
+225.4%
Equity
1.01m NOK 1.05m NOK
+3.0%
Cash
800.5k NOK 577.6k NOK
-27.8%
Total assets
2.32m NOK 2.44m NOK
+5.1%

What improved

  • ↑

    Operating result improved

    Operating result +165.5k NOK → +229.2k NOK (op. margin 1.5% → 2.3%). Calculated

  • ↑

    Net result improved

    Net result +9 333 NOK → +30.4k NOK (net margin 0.1% → 0.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.01m NOK → 1.05m NOK (equity ratio 43.7% → 42.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 10.69m NOK to 9.91m NOK (-7.3% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 800.5k NOK → 577.6k NOK (-27.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 8.52m NOK → 7.78m NOK (-8.7% YoY). Calculated