ADVANTAGE AS: årsregnskap 2023 vs 2022
Grew 686% on revenue, returned to profit
approved 2024-02-29; registry 2024-03-04; journal 2024 317695
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVANTAGE AS. Revenue 19.5k NOK → 153.2k NOK (+685.7%). Net result -106.5k NOK → +7 486 NOK. Equity -13.8k NOK → -6 278 NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADVANTAGE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 19.5k NOK to 153.2k NOK (+685.7% YoY). Calculated
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Operating result improved
Operating result -42.5k NOK → +113.2k NOK (op. margin -218.1% → 73.9%). Calculated
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Turned profitable
Net result flipped from a loss of 106.5k NOK to a profit of 7 486 NOK. Calculated
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Equity strengthened
Book equity -13.8k NOK → -6 278 NOK (equity ratio -0.5% → -0.2%). Calculated
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Cash rose
Bank deposits 2 095 NOK → 10.6k NOK (+406.8% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 40.8k NOK → 20.3k NOK (-50.2% YoY). Calculated
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Book investments changed
Investment / intangible book value 130.8k NOK → 2.13m NOK. Reported fact