Org.nr 922 217 653 2023 → 2024 Year-over-year analysis

ADVANCED BYGG AS: årsregnskap 2024 vs 2023

Shrank 35% on revenue, weaker earnings

approved 2025-05-20; registry 2025-05-26; journal 2025 469624

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVANCED BYGG AS. Revenue 675.9k NOK → 436.3k NOK (-35.4%). Net result +158.6k NOK → +18.5k NOK. Equity 354.8k NOK → 373.4k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

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

Scorecard

Revenue
675.9k NOK 436.3k NOK
-35.4%
Operating result
+218.9k NOK +44.8k NOK
-79.6%
Net result
+158.6k NOK +18.5k NOK
-88.3%
Equity
354.8k NOK 373.4k NOK
+5.2%
Cash
317.9k NOK 293.5k NOK
-7.7%
Total assets
668.9k NOK 824.3k NOK
+23.2%

What improved

  • ↑

    Equity strengthened

    Book equity 354.8k NOK → 373.4k NOK (equity ratio 53.0% → 45.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 675.9k NOK to 436.3k NOK (-35.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +218.9k NOK → +44.8k NOK (op. margin 32.4% → 10.3%). Calculated

  • ↓

    Net result weakened

    Net result +158.6k NOK → +18.5k NOK (net margin 23.5% → 4.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 317.9k NOK → 293.5k NOK (-7.7% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 69.2k NOK → 2.62m NOK (10% → 601% of revenue). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0.5 → 1. Reported fact