Org.nr 979 323 794 2022 → 2023 Year-over-year analysis

ADVANCE BUSINESS PARTNER AS: årsregnskap 2023 vs 2022

A steady year on the published lines

approved 2024-02-16; registry 2024-04-08; journal 2024 342926

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVANCE BUSINESS PARTNER AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +7 699 NOK → +4 155 NOK. Equity 243.1k NOK → 247.2k NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened; current ratio dropped below 1×.

Net tougher year on the published lines.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
+9 867 NOK +5 477 NOK
-44.5%
Net result
+7 699 NOK +4 155 NOK
-46.0%
Equity
243.1k NOK 247.2k NOK
+1.7%
Cash
191.9k NOK 336.1k NOK
+75.2%
Total assets
984.6k NOK 142.7k NOK
-85.5%

What improved

  • ↑

    Equity strengthened

    Book equity 243.1k NOK → 247.2k NOK (equity ratio 24.7% → 173.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 191.9k NOK → 336.1k NOK (+75.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +9 867 NOK → +5 477 NOK. Calculated

  • ↓

    Net result weakened

    Net result +7 699 NOK → +4 155 NOK. Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.53× → 0.16× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    COGS moved

    COGS / varekostnad 4.36m NOK → 6.24m NOK (+43.2% YoY). Calculated