Org.nr 930 383 562 2023 → 2024 Year-over-year analysis

ADVAC R&D AS: årsregnskap 2024 vs 2023

Another loss-making year

approved 2025-03-24; registry 2025-04-28; journal 2025 392779

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVAC R&D AS. Net result -2 766 NOK → -5 347 NOK. Equity 21.6k NOK → 16.2k NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVAC R&D AS.

Scorecard

Operating result
-3 546 NOK -6 854 NOK
-93.3%
Net result
-2 766 NOK -5 347 NOK
-93.3%
Equity
21.6k NOK 16.2k NOK
-25.0%
Cash
368 NOK 4 039 NOK
+997.6%
Total assets
21.1k NOK 13.8k NOK
-34.6%

What improved

  • ↑

    Cash rose

    Bank deposits 368 NOK → 4 039 NOK (+997.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -3 546 NOK → -6 854 NOK. Calculated

  • ↓

    Net result weakened

    Net result -2 766 NOK → -5 347 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 21.6k NOK → 16.2k NOK (equity ratio 102.3% → 117.4%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 20.0k NOK → 7 500 NOK. Reported fact