Org.nr 992 009 241 2023 → 2024 Year-over-year analysis

ADVANIA NORGE AS: årsregnskap 2024 vs 2023

A steady year on the published lines

approved 2025-04-24; registry 2025-06-17; journal 2025 524946

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVANIA NORGE AS. Revenue 2.55bn NOK → 2.48bn NOK (-2.7%). Net result +154.83m NOK → +172.06m NOK. Equity 13.56bn NOK → 12.57bn NOK.

On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADVANIA NORGE AS.

Scorecard

Revenue
2.55bn NOK 2.48bn NOK
-2.7%
Operating result
+162.92m NOK +170.97m NOK
+4.9%
Net result
+154.83m NOK +172.06m NOK
+11.1%
Equity
13.56bn NOK 12.57bn NOK
-7.2%
Cash
1.13m NOK 985.0k NOK
-13.1%
Total assets
1.36bn NOK 1.56bn NOK
+14.2%

What improved

  • ↑

    Operating result improved

    Operating result +162.92m NOK → +170.97m NOK (op. margin 6.4% → 6.9%). Calculated

  • ↑

    Net result improved

    Net result +154.83m NOK → +172.06m NOK (net margin 6.1% → 6.9%). Calculated

  • ↑

    Payroll decreased

    Salary cost 5.72bn NOK → 4.71bn NOK (225% → 190% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.55bn NOK to 2.48bn NOK (-2.7% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 13.56bn NOK → 12.57bn NOK (equity ratio 994.1% → 807.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.13m NOK → 985.0k NOK (-13.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 1.41bn NOK → 1.38bn NOK (-2.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 366.83m NOK → 14 NOK. Reported fact