Org.nr 929 605 748 2023 → 2024 Year-over-year analysis

ADVAC PRODUCTION AS: årsregnskap 2024 vs 2023

Grew 92% on revenue, returned to profit

approved 2025-03-24; registry 2025-03-26; journal 2025 347784

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVAC PRODUCTION AS. Revenue 163.9k NOK → 315.1k NOK (+92.2%). Net result -76.7k NOK → +8 731 NOK. Equity -24.9k NOK → -16.2k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: cogs moved; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVAC PRODUCTION AS.

Scorecard

Revenue
163.9k NOK 315.1k NOK
+92.2%
Operating result
-96.9k NOK +14.0k NOK
+114.4%
Net result
-76.7k NOK +8 731 NOK
+111.4%
Equity
-24.9k NOK -16.2k NOK
+35.0%
Cash
10.8k NOK 10.3k NOK
-3.9%
Total assets
32.4k NOK 42.6k NOK
+31.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 163.9k NOK to 315.1k NOK (+92.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -96.9k NOK → +14.0k NOK (op. margin -59.1% → 4.4%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 76.7k NOK to a profit of 8 731 NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -24.9k NOK → -16.2k NOK (equity ratio -76.9% → -38.0%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 86.6k NOK → 232.2k NOK (+168.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → -10.0k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2 → 0. Reported fact