Org.nr 925 776 246 2022 → 2023 Year-over-year analysis

ADVANO EIENDOM AS: årsregnskap 2023 vs 2022

Stronger earnings

approved 2024-03-28; registry 2024-04-15; journal 2024 355586

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVANO EIENDOM AS. Revenue 45.1k NOK → 45.1k NOK (0.0%). Net result +4 102 NOK → +16.2k NOK. Equity 34.2k NOK → 50.4k NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: operating result weakened; current ratio dropped below 1×.

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

Scorecard

Revenue
45.1k NOK 45.1k NOK
0.0%
Operating result
+5 259 NOK -23.9k NOK
-555.1%
Net result
+4 102 NOK +16.2k NOK
+295.5%
Equity
34.2k NOK 50.4k NOK
+47.5%
Cash
13.5k NOK 140.2k NOK
+937.1%
Total assets
35.3k NOK 2.97m NOK
+8299.0%

What improved

  • ↑

    Net result improved

    Net result +4 102 NOK → +16.2k NOK (net margin 9.1% → 35.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 34.2k NOK → 50.4k NOK (equity ratio 96.7% → 1.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 13.5k NOK → 140.2k NOK (+937.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +5 259 NOK → -23.9k NOK (op. margin 11.7% → -53.0%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 30.53× → 0.03× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation