Org.nr 922 865 965 2021 → 2022 Year-over-year analysis

ADVANO CONSULTING AS: årsregnskap 2022 vs 2021

Weaker earnings

approved 2023-03-09; registry 2023-03-22; journal 2023 331623

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVANO CONSULTING AS. Revenue 1.58m NOK → 1.63m NOK (+3.7%). Net result +217.2k NOK → +103.9k NOK. Equity 316.3k NOK → 357.8k NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVANO CONSULTING AS.

Scorecard

Revenue
1.58m NOK 1.63m NOK
+3.7%
Operating result
+278.4k NOK +133.1k NOK
-52.2%
Net result
+217.2k NOK +103.9k NOK
-52.2%
Equity
316.3k NOK 357.8k NOK
+13.1%
Cash
558.8k NOK 286.7k NOK
-48.7%
Total assets
775.1k NOK 753.8k NOK
-2.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.58m NOK to 1.63m NOK (+3.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 316.3k NOK → 357.8k NOK (equity ratio 40.8% → 47.5%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +278.4k NOK → +133.1k NOK (op. margin 17.7% → 8.1%). Calculated

  • ↓

    Net result weakened

    Net result +217.2k NOK → +103.9k NOK (net margin 13.8% → 6.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 558.8k NOK → 286.7k NOK (-48.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.16m NOK → 1.30m NOK (74% → 80% of revenue). Calculated