FirmaIQ
Org.nr 918 709 924 2021 → 2022 Year-over-year analysis

ADVANCED COST REDUCTION AS: årsregnskap 2022 vs 2021

Grew 160% on revenue

approved 2023-05-10; registry 2023-05-13; journal 2023 400417

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVANCED COST REDUCTION AS. Revenue 60.8k NOK → 158.1k NOK (+160.0%). Net result +47.3k NOK → +50.4k NOK. Equity -303.6k NOK → -253.3k 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
60.8k NOK 158.1k NOK
+160.0%
Operating result
+11.7k NOK +63.6k NOK
+443.9%
Net result
+47.3k NOK +50.4k NOK
+6.5%
Equity
-303.6k NOK -253.3k NOK
+16.6%
Cash
48.7k NOK 79.4k NOK
+62.8%
Total assets
473.3k NOK 443.1k NOK
-6.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 60.8k NOK to 158.1k NOK (+160.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +11.7k NOK → +63.6k NOK (op. margin 19.2% → 40.2%). Calculated

  • ↑

    Net result improved

    Net result +47.3k NOK → +50.4k NOK (net margin 77.8% → 31.9%). Calculated

  • ↑

    Equity strengthened

    Book equity -303.6k NOK → -253.3k NOK (equity ratio -64.2% → -57.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 48.7k NOK → 79.4k NOK (+62.8% YoY). Calculated