FirmaIQ
Org.nr 929 722 442 2022 → 2023 Year-over-year analysis

ADV HØINES HOLDING AS: årsregnskap 2023 vs 2022

Returned to profit

approved 2024-04-12; registry 2024-04-18; journal 2024 363899

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADV HØINES HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -4 930 NOK → +154.9k NOK. Equity 395.1k NOK → 550 NOK.

On the constructive side: operating result improved; turned profitable; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADV HØINES HOLDING AS.

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-6 320 NOK -6 250 NOK
+1.1%
Net result
-4 930 NOK +154.9k NOK
+3242.6%
Equity
395.1k NOK 550 NOK
-99.9%
Cash
250 NOK 500.2k NOK
+200000.0%
Total assets
401.6k NOK 563.1k NOK
+40.2%

What improved

  • ↑

    Operating result improved

    Operating result -6 320 NOK → -6 250 NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 4 930 NOK to a profit of 154.9k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 250 NOK → 500.2k NOK (+200000.0% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 395.1k NOK → 550 NOK (equity ratio 98.4% → 0.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation