Org.nr 984 808 445 2021 → 2022 Year-over-year analysis

ADVACO AS: årsregnskap 2022 vs 2021

Returned to profit

approved 2023-04-27; registry 2023-05-16; journal 2023 385978

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVACO AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -281.0k NOK → +44.7k NOK. Equity 11.23m NOK → 11.28m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVACO AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-302.3k NOK -71.5k NOK
+76.4%
Net result
-281.0k NOK +44.7k NOK
+115.9%
Equity
11.23m NOK 11.28m NOK
+0.4%
Cash
6.73m NOK 6.84m NOK
+1.6%
Total assets
11.93m NOK 11.97m NOK
+0.4%

What improved

  • ↑

    Operating result improved

    Operating result -302.3k NOK → -71.5k NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 281.0k NOK to a profit of 44.7k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 11.23m NOK → 11.28m NOK (equity ratio 94.1% → 94.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 6.73m NOK → 6.84m NOK (+1.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 51.6k NOK → 0 NOK. Reported fact