Org.nr 988 710 512 2022 → 2023 Year-over-year analysis

ADVANCED ASSET MANAGEMENT AS: årsregnskap 2023 vs 2022

Returned to profit

approved 2024-03-10; registry 2024-06-11; journal 2024 444471

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVANCED ASSET MANAGEMENT AS. Net result -6.67m NOK → +16.01m NOK. Equity 163.35m NOK → 199.36m NOK.

On the constructive side: turned profitable; equity strengthened; owners injected capital. Pressures included: operating result weakened; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Operating result
-882.4k NOK -1.20m NOK
-35.5%
Net result
-6.67m NOK +16.01m NOK
+339.8%
Equity
163.35m NOK 199.36m NOK
+22.0%
Cash
1.36m NOK 962.2k NOK
-29.3%
Total assets
163.56m NOK 205.48m NOK
+25.6%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 6.67m NOK to a profit of 16.01m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 163.35m NOK → 199.36m NOK (equity ratio 99.9% → 97.0%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 136.56m NOK → 156.56m NOK (+20.00m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -882.4k NOK → -1.20m NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 1.36m NOK → 962.2k NOK (-29.3% YoY). Calculated