Org.nr 985 267 308 2023 → 2024 Year-over-year analysis

ADVANCED THINKERS ENGINEERING AS: årsregnskap 2024 vs 2023

Shrank 19% on revenue, returned to profit

approved 2025-06-30; registry 2025-08-09; journal 2025 743666

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVANCED THINKERS ENGINEERING AS. Revenue 2.24m NOK → 1.83m NOK (-18.6%). Net result -990.0k NOK → +36.9k NOK. Equity -1.44m NOK → -1.40m NOK.

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

Also worth watching: thin equity buffer; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVANCED THINKERS ENGINEERING AS.

Scorecard

Revenue
2.24m NOK 1.83m NOK
-18.6%
Operating result
-397.4k NOK -333.4k NOK
+16.1%
Net result
-990.0k NOK +36.9k NOK
+103.7%
Equity
-1.44m NOK -1.40m NOK
+2.6%
Cash
98.8k NOK 172.8k NOK
+74.9%
Total assets
1.56m NOK 1.42m NOK
-9.1%

What improved

  • ↑

    Operating result improved

    Operating result -397.4k NOK → -333.4k NOK (op. margin -17.7% → -18.3%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 990.0k NOK to a profit of 36.9k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -1.44m NOK → -1.40m NOK (equity ratio -92.4% → -99.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 98.8k NOK → 172.8k NOK (+74.9% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.76× → 1.08×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.24m NOK to 1.83m NOK (-18.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -99.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Headcount (årsverk) changed

    Reported FTEs 3 → 2. Reported fact