Org.nr 985 009 945 2022 → 2023 Year-over-year analysis

ADVANCED MOBILE COMPUTING AND TECHNOLOGY AS: årsregnskap 2023 vs 2022

Grew 30% on revenue, returned to profit

approved 2024-05-27; registry 2024-06-17; journal 2024 515305

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVANCED MOBILE COMPUTING AND TECHNOLOGY AS. Revenue 1.70m NOK → 2.21m NOK (+30.2%). Net result -425.2k NOK → +58.8k NOK. Equity 7.60m NOK → 658.8k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVANCED MOBILE COMPUTING AND TECHNOLOGY AS.

Scorecard

Revenue
1.70m NOK 2.21m NOK
+30.2%
Operating result
-411.0k NOK +66.9k NOK
+116.3%
Net result
-425.2k NOK +58.8k NOK
+113.8%
Equity
7.60m NOK 658.8k NOK
-91.3%
Cash
460.9k NOK 655.6k NOK
+42.3%
Total assets
1.15m NOK 1.22m NOK
+5.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.70m NOK to 2.21m NOK (+30.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -411.0k NOK → +66.9k NOK (op. margin -24.2% → 3.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 425.2k NOK to a profit of 58.8k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 460.9k NOK → 655.6k NOK (+42.3% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 7.60m NOK → 658.8k NOK (equity ratio 658.8% → 54.1%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 632.2k NOK → 725.9k NOK (37% → 33% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 863.4k NOK → 630.3k NOK (-27.0% YoY). Calculated