Org.nr 922 865 965 2022 → 2023 Year-over-year analysis

ADVANO CONSULTING AS: årsregnskap 2023 vs 2022

Grew 19% on revenue, stronger earnings

approved 2024-03-28; registry 2024-04-15; journal 2024 355727

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVANO CONSULTING AS. Revenue 1.63m NOK → 1.95m NOK (+19.1%). Net result +103.9k NOK → +389.5k NOK. Equity 357.8k NOK → 692.7k NOK.

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

Also worth watching: payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVANO CONSULTING AS.

Scorecard

Revenue
1.63m NOK 1.95m NOK
+19.1%
Operating result
+133.1k NOK +499.1k NOK
+274.8%
Net result
+103.9k NOK +389.5k NOK
+275.0%
Equity
357.8k NOK 692.7k NOK
+93.6%
Cash
286.7k NOK 183.5k NOK
-36.0%
Total assets
753.8k NOK 71.7k NOK
-90.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.63m NOK to 1.95m NOK (+19.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +133.1k NOK → +499.1k NOK (op. margin 8.1% → 25.6%). Calculated

  • ↑

    Net result improved

    Net result +103.9k NOK → +389.5k NOK (net margin 6.4% → 20.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 357.8k NOK → 692.7k NOK (equity ratio 47.5% → 966.5%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 286.7k NOK → 183.5k NOK (-36.0% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.30m NOK → 2.95m NOK (80% → 151% of revenue). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 1. Reported fact