Org.nr 928 098 753 2021 → 2022 Year-over-year analysis

ADVAC AS: årsregnskap 2022 vs 2021

Weaker earnings

approved 2023-07-18; registry 2023-07-20; journal 2023 633248

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVAC AS. Net result -88.9k NOK → -1.14m NOK. Equity -58.9k NOK → 312.4k NOK.

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

Also worth watching: paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ADVAC AS.

Scorecard

Revenue
n/m 155.2k NOK
—
Operating result
-88.9k NOK -1 145 NOK
+98.7%
Net result
-88.9k NOK -1.14m NOK
-1183.6%
Equity
-58.9k NOK 312.4k NOK
+630.3%
Cash
30.0k NOK 185.0k NOK
+516.6%
Total assets
30.0k NOK 2.05m NOK
+6739.6%

What improved

  • ↑

    Operating result improved

    Operating result -88.9k NOK → -1 145 NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -58.9k NOK → 312.4k NOK (equity ratio -196.4% → 15.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 30.0k NOK → 185.0k NOK (+516.6% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.34× → 3.34×. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -88.9k NOK → -1.14m NOK. Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 30.0k NOK → 1 530 NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 0 NOK → 16.4k NOK. Calculated