Org.nr 922 217 653 2022 → 2023 Year-over-year analysis

ADVANCED BYGG AS: årsregnskap 2023 vs 2022

Grew 119% on revenue, stronger earnings

approved 2024-06-30; registry 2024-07-24; journal 2024 669432

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVANCED BYGG AS. Revenue 308.6k NOK → 675.9k NOK (+119.0%). Net result +31.9k NOK → +158.6k NOK. Equity 196.2k NOK → 354.8k NOK.

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

Also worth watching: cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVANCED BYGG AS.

Scorecard

Revenue
308.6k NOK 675.9k NOK
+119.0%
Operating result
+48.8k NOK +218.9k NOK
+348.3%
Net result
+31.9k NOK +158.6k NOK
+396.9%
Equity
196.2k NOK 354.8k NOK
+80.8%
Cash
9 771 NOK 317.9k NOK
+3153.8%
Total assets
223.6k NOK 668.9k NOK
+199.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 308.6k NOK to 675.9k NOK (+119.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +48.8k NOK → +218.9k NOK (op. margin 15.8% → 32.4%). Calculated

  • ↑

    Net result improved

    Net result +31.9k NOK → +158.6k NOK (net margin 10.3% → 23.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 196.2k NOK → 354.8k NOK (equity ratio 87.8% → 53.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 9 771 NOK → 317.9k NOK (+3153.8% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 110.0k NOK → 159.9k NOK (+45.4% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 0.5. Reported fact