ADVANCED INNOVATIONS AS: årsregnskap 2022 vs 2021
Shrank 9% on revenue, slipped into loss, cash halved-plus
registry 2023-05-25; journal 2023 414051
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVANCED INNOVATIONS AS. Revenue 257.0k NOK → 233.0k NOK (-9.4%). Net result +81.4k NOK → -53.5k NOK. Equity 28.6k NOK → -24.9k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVANCED INNOVATIONS AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 257.0k NOK to 233.0k NOK (-9.4% YoY). Calculated
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Operating result weakened
Operating result +83.9k NOK → -51.1k NOK (op. margin 32.6% → -22.0%). Calculated
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Fell into a net loss
Net result flipped from 81.4k NOK profit to a loss of 53.5k NOK. Calculated
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Equity eroded
Book equity 28.6k NOK → -24.9k NOK (equity ratio 25.7% → -18.1%). Calculated
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Cash fell
Bank deposits 48.7k NOK → 22.6k NOK (-53.7% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -18.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Headcount (årsverk) changed
Reported FTEs 0 → 1. Reported fact