Org.nr 983 361 161 2023 → 2024 Year-over-year analysis

ADVANCED MACHINE COMPANY AS: årsregnskap 2024 vs 2023

Grew 71% on revenue, weaker earnings

approved 2025-06-03; registry 2025-06-16; journal 2025 522384

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVANCED MACHINE COMPANY AS. Revenue 10.36m NOK → 17.66m NOK (+70.5%). Net result +662.4k NOK → +391.0k NOK. Equity 7.73m NOK → 10.13m NOK.

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

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

Scorecard

Revenue
10.36m NOK 17.66m NOK
+70.5%
Operating result
+769.7k NOK +891.7k NOK
+15.9%
Net result
+662.4k NOK +391.0k NOK
-41.0%
Equity
7.73m NOK 10.13m NOK
+30.9%
Cash
6.70m NOK 9.45m NOK
+41.1%
Total assets
10.01m NOK 13.65m NOK
+36.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.36m NOK to 17.66m NOK (+70.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +769.7k NOK → +891.7k NOK (op. margin 7.4% → 5.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 7.73m NOK → 10.13m NOK (equity ratio 77.3% → 74.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 6.70m NOK → 9.45m NOK (+41.1% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +662.4k NOK → +391.0k NOK (net margin 6.4% → 2.2%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 3.14m NOK → 5.61m NOK (+78.5% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 6 → 5. Reported fact