Org.nr 916 458 487 2023 → 2024 Year-over-year analysis

ADVANIA IBIZ AS: årsregnskap 2024 vs 2023

Shrank 12% on revenue

approved 2025-03-28; registry 2025-06-11; journal 2025 500865

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVANIA IBIZ AS. Revenue 35.06m NOK → 30.92m NOK (-11.8%). Net result +3.24m NOK → +3.17m NOK. Equity 28.07m NOK → 31.24m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.

Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for ADVANIA IBIZ AS.

Scorecard

Revenue
35.06m NOK 30.92m NOK
-11.8%
Operating result
+3.74m NOK +2.80m NOK
-25.0%
Net result
+3.24m NOK +3.17m NOK
-2.1%
Equity
28.07m NOK 31.24m NOK
+11.3%
Cash
27.54m NOK 31.23m NOK
+13.4%
Total assets
34.98m NOK 38.57m NOK
+10.3%

What improved

  • ↑

    Equity strengthened

    Book equity 28.07m NOK → 31.24m NOK (equity ratio 80.3% → 81.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 27.54m NOK → 31.23m NOK (+13.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 35.06m NOK to 30.92m NOK (-11.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +3.74m NOK → +2.80m NOK (op. margin 10.7% → 9.1%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 7.11m NOK → 8.11m NOK (20% → 26% of revenue). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 17.93m NOK → 2.92m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 22.04m NOK → 18.01m NOK (-18.3% YoY). Calculated