Org.nr 916 156 146 2022 → 2023 Year-over-year analysis

ADVANIA HOLDING AS: årsregnskap 2023 vs 2022

Stronger earnings

approved 2024-04-22; registry 2024-05-08; journal 2024 401402

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVANIA HOLDING AS. Net result -177.52m NOK → -50.82m NOK. Equity -935.01m NOK → -985.83m NOK.

On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
n/m 120.3k NOK
—
Operating result
-13.05m NOK -7.56m NOK
+42.1%
Net result
-177.52m NOK -50.82m NOK
+71.4%
Equity
-935.01m NOK -985.83m NOK
-5.4%
Cash
69.6k NOK n/m
—
Total assets
1.31bn NOK 1.47bn NOK
+11.9%

What improved

  • ↑

    Operating result improved

    Operating result -13.05m NOK → -7.56m NOK. Calculated

  • ↑

    Net result improved

    Net result -177.52m NOK → -50.82m NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -935.01m NOK → -985.83m NOK (equity ratio -71.2% → -67.1%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 404.48× → 0.60× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated