Org.nr 925 776 246 2023 → 2024 Year-over-year analysis

ADVANO EIENDOM AS: årsregnskap 2024 vs 2023

Grew 17% on revenue, stronger earnings, cash halved-plus

approved 2025-03-20; registry 2025-04-15; journal 2025 379747

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVANO EIENDOM AS. Revenue 45.1k NOK → 52.9k NOK (+17.2%). Net result +16.2k NOK → +41.4k NOK. Equity 50.4k NOK → 90.8k NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
45.1k NOK 52.9k NOK
+17.2%
Operating result
-23.9k NOK -76.9k NOK
-221.3%
Net result
+16.2k NOK +41.4k NOK
+155.4%
Equity
50.4k NOK 90.8k NOK
+80.2%
Cash
140.2k NOK 7 887 NOK
-94.4%
Total assets
2.97m NOK 2.97m NOK
+0.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 45.1k NOK to 52.9k NOK (+17.2% YoY). Calculated

  • ↑

    Net result improved

    Net result +16.2k NOK → +41.4k NOK (net margin 35.9% → 78.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 50.4k NOK → 90.8k NOK (equity ratio 1.7% → 3.1%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -23.9k NOK → -76.9k NOK (op. margin -53.0% → -145.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 140.2k NOK → 7 887 NOK (-94.4% YoY). Calculated