ADVANTA AS: årsregnskap 2023 vs 2022
Shrank 100% on revenue, stronger earnings
approved 2024-06-05; registry 2024-06-08; journal 2024 494340
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVANTA AS. Revenue 266 NOK → 0 NOK (-100.0%). Net result -62.6k NOK → -36.4k NOK. Equity -312.5k NOK → -348.9k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADVANTA AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -62.6k NOK → -33.7k NOK. Calculated
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↑
Net result improved
Net result -62.6k NOK → -36.4k NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 266 NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Equity eroded
Book equity -312.5k NOK → -348.9k NOK (equity ratio -300.0% → -344.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -344.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 102.8k NOK → 100.0k NOK. Reported fact