FirmaIQ
Org.nr 918 271 759 2022 → 2023 Year-over-year analysis

ADVANCED INNOVATIONS AS: årsregnskap 2023 vs 2022

Shrank 36% on revenue, weaker earnings

registry 2024-07-13; journal 2024 637945

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVANCED INNOVATIONS AS. Revenue 233.0k NOK → 149.6k NOK (-35.8%). Net result -53.5k NOK → -110.2k NOK. Equity -24.9k NOK → 38.4k NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
233.0k NOK 149.6k NOK
-35.8%
Operating result
-51.1k NOK -106.9k NOK
-109.0%
Net result
-53.5k NOK -110.2k NOK
-105.8%
Equity
-24.9k NOK 38.4k NOK
+254.3%
Cash
22.6k NOK 28.7k NOK
+27.2%
Total assets
137.6k NOK 25.3k NOK
-81.6%

What improved

  • ↑

    Equity strengthened

    Book equity -24.9k NOK → 38.4k NOK (equity ratio -18.1% → 151.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 22.6k NOK → 28.7k NOK (+27.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 233.0k NOK to 149.6k NOK (-35.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -51.1k NOK → -106.9k NOK (op. margin -22.0% → -71.4%). Calculated

  • ↓

    Net result weakened

    Net result -53.5k NOK → -110.2k NOK (net margin -23.0% → -73.7%). Calculated