ADVANCED THINKERS ENGINEERING AS: årsregnskap 2023 vs 2022
Weaker earnings, cash halved-plus
approved 2024-12-17; registry 2025-01-15; journal 2025 301069
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVANCED THINKERS ENGINEERING AS. Revenue 2.36m NOK → 2.24m NOK (-4.9%). Net result -769.3k NOK → -990.0k NOK. Equity -1.85m NOK → -1.44m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVANCED THINKERS ENGINEERING AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity -1.85m NOK → -1.44m NOK (equity ratio -98.6% → -92.4%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.36m NOK to 2.24m NOK (-4.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +341.5k NOK → -397.4k NOK (op. margin 14.5% → -17.7%). Calculated
-
↓
Net result weakened
Net result -769.3k NOK → -990.0k NOK (net margin -32.6% → -44.1%). Calculated
-
↓
Cash fell
Bank deposits 328.6k NOK → 98.8k NOK (-69.9% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 3.53× → 0.76× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Headcount (årsverk) changed
Reported FTEs 2 → 3. Reported fact