Org.nr 993 381 276 2023 → 2024 Year-over-year analysis

ADVANTAGE AS: årsregnskap 2024 vs 2023

Grew 57% on revenue, slipped into loss

approved 2025-07-14; registry 2025-07-16; journal 2025 679771

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVANTAGE AS. Revenue 153.2k NOK → 240.8k NOK (+57.1%). Net result +7 486 NOK → -54.3k NOK. Equity -6 278 NOK → -60.6k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADVANTAGE AS.

Scorecard

Revenue
153.2k NOK 240.8k NOK
+57.1%
Operating result
+113.2k NOK -11.5k NOK
-110.1%
Net result
+7 486 NOK -54.3k NOK
-825.4%
Equity
-6 278 NOK -60.6k NOK
-865.0%
Cash
10.6k NOK 24.5k NOK
+131.2%
Total assets
2.80m NOK 2.44m NOK
-13.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 153.2k NOK to 240.8k NOK (+57.1% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 10.6k NOK → 24.5k NOK (+131.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +113.2k NOK → -11.5k NOK (op. margin 73.9% → -4.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 7 486 NOK profit to a loss of 54.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -6 278 NOK → -60.6k NOK (equity ratio -0.2% → -2.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -2.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 2.13m NOK → 1.90m NOK. Reported fact