FirmaIQ
Org.nr 927 118 793 2021 → 2022 Year-over-year analysis

ADVANCE EDGE HOLDING AS: årsregnskap 2022 vs 2021

Grew 68% on revenue, stronger earnings

registry 2023-07-24; journal 2023 642302

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVANCE EDGE HOLDING AS. Revenue 181.6k NOK → 304.2k NOK (+67.5%). Net result +34.1k NOK → +76.5k NOK. Equity 58.5k NOK → 134.9k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
181.6k NOK 304.2k NOK
+67.5%
Operating result
+42.1k NOK +98.0k NOK
+132.9%
Net result
+34.1k NOK +76.5k NOK
+124.5%
Equity
58.5k NOK 134.9k NOK
+130.7%
Cash
36.5k NOK 43.7k NOK
+19.7%
Total assets
66.5k NOK 73.7k NOK
+10.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 181.6k NOK to 304.2k NOK (+67.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +42.1k NOK → +98.0k NOK (op. margin 23.2% → 32.2%). Calculated

  • ↑

    Net result improved

    Net result +34.1k NOK → +76.5k NOK (net margin 18.8% → 25.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 58.5k NOK → 134.9k NOK (equity ratio 87.9% → 183.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 36.5k NOK → 43.7k NOK (+19.7% YoY). Calculated