Org.nr 916 156 146 2023 → 2024 Year-over-year analysis

ADVANIA HOLDING AS: årsregnskap 2024 vs 2023

Weaker earnings

approved 2025-04-24; registry 2025-06-17; journal 2025 467524

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVANIA HOLDING AS. Revenue 120.3k NOK → 119.9k NOK (-0.3%). Net result -50.82m NOK → -68.62m NOK. Equity -985.83m NOK → -1.05bn NOK.

On the constructive side: operating result improved; owners injected capital. Pressures included: revenue fell; net result weakened; equity eroded.

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

Scorecard

Revenue
120.3k NOK 119.9k NOK
-0.3%
Operating result
-7.56m NOK -6.95m NOK
+8.1%
Net result
-50.82m NOK -68.62m NOK
-35.0%
Equity
-985.83m NOK -1.05bn NOK
-6.4%
Total assets
1.47bn NOK 1.51bn NOK
+2.7%

What improved

  • ↑

    Operating result improved

    Operating result -7.56m NOK → -6.95m NOK (op. margin -6286.1% → -5795.4%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.79bn NOK → 1.79bn NOK (+5.17m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 120.3k NOK to 119.9k NOK (-0.3% YoY). Calculated

  • ↓

    Net result weakened

    Net result -50.82m NOK → -68.62m NOK (net margin -42253.0% → -57210.8%). Calculated

  • ↓

    Equity eroded

    Book equity -985.83m NOK → -1.05bn NOK (equity ratio -67.1% → -69.6%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -69.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation