ADVAC AS: årsregnskap 2024 vs 2023
Shrank 100% on revenue, weaker earnings
approved 2025-03-03; registry 2025-03-26; journal 2025 347727
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADVAC AS. Revenue 90.5k NOK → 0 NOK (-100.0%). Net result -468.6k NOK → -626.9k NOK. Equity -261.2k NOK → -888.1k NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for ADVAC AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -943.1k NOK → -800.0k NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 90.5k NOK to 0 NOK (-100.0% YoY). Calculated
-
↓
Net result weakened
Net result -468.6k NOK → -626.9k NOK. Calculated
-
↓
Equity eroded
Book equity -261.2k NOK → -888.1k NOK (equity ratio -10.0% → -44.1%). Calculated
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↓
Cash fell
Bank deposits 34.3k NOK → 22.8k NOK (-33.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -44.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 9 650 NOK → 1 200 NOK (-87.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 410.0k NOK → -347.5k NOK. Reported fact