Org.nr 916 156 146 2021 → 2022 Year-over-year analysis

ADVANIA HOLDING AS: årsregnskap 2022 vs 2021

Slipped into loss, fresh owner capital

approved 2023-06-29; registry 2023-08-16; journal 2023 686258

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVANIA HOLDING AS. Net result +66.6k NOK → -177.52m NOK. Equity 68.67m NOK → -935.01m NOK.

On the constructive side: owners injected capital. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVANIA HOLDING AS.

Scorecard

Operating result
-976.3k NOK -13.05m NOK
-1236.8%
Net result
+66.6k NOK -177.52m NOK
-266565.6%
Equity
68.67m NOK -935.01m NOK
-1461.5%
Cash
69.6k NOK 69.6k NOK
0.0%
Total assets
206.00m NOK 1.31bn NOK
+537.2%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 51.0k NOK → 1.79bn NOK (+1.79bn NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -976.3k NOK → -13.05m NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 66.6k NOK profit to a loss of 177.52m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 68.67m NOK → -935.01m NOK (equity ratio 33.3% → -71.2%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -71.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation