Org.nr 930 578 363 2023 → 2024 Year-over-year analysis

ADVANCED TOOLING AS: årsregnskap 2024 vs 2023

Grew 175649% on revenue, weaker earnings

registry 2025-06-26; journal 2025 523213

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVANCED TOOLING AS. Revenue 9 053 NOK → 15.91m NOK (+175648.9%). Net result +542.2k NOK → +252.7k NOK. Equity 7.57m NOK → 1.82m NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVANCED TOOLING AS.

Scorecard

Revenue
9 053 NOK 15.91m NOK
+175648.9%
Operating result
+712.4k NOK +613.7k NOK
-13.9%
Net result
+542.2k NOK +252.7k NOK
-53.4%
Equity
7.57m NOK 1.82m NOK
-75.9%
Cash
25.1k NOK 1.30m NOK
+5071.2%
Total assets
2.38m NOK 3.76m NOK
+58.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9 053 NOK to 15.91m NOK (+175648.9% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 25.1k NOK → 1.30m NOK (+5071.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +712.4k NOK → +613.7k NOK (op. margin 7868.8% → 3.9%). Calculated

  • ↓

    Net result weakened

    Net result +542.2k NOK → +252.7k NOK (net margin 5989.0% → 1.6%). Calculated

  • ↓

    Equity eroded

    Book equity 7.57m NOK → 1.82m NOK (equity ratio 318.5% → 48.5%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 613 NOK → 646.4k NOK (29% → 4% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 7 602 NOK → 13.46m NOK (+177019.0% YoY). Calculated