Org.nr 919 061 308 2023 → 2024 Year-over-year analysis

ADVANTEK AS: årsregnskap 2024 vs 2023

Shrank 36% on revenue, stronger earnings

registry 2025-08-06; journal 2025 742413

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVANTEK AS. Revenue 30.01m NOK → 19.29m NOK (-35.7%). Net result +255.0k NOK → +389.8k NOK. Equity 609.3k NOK → 999.1k NOK.

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

Also worth watching: cogs fell; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVANTEK AS.

Scorecard

Revenue
30.01m NOK 19.29m NOK
-35.7%
Operating result
+428.6k NOK +9 173 NOK
-97.9%
Net result
+255.0k NOK +389.8k NOK
+52.9%
Equity
609.3k NOK 999.1k NOK
+64.0%
Cash
215.0k NOK 296.2k NOK
+37.8%
Total assets
46.29m NOK 42.76m NOK
-7.6%

What improved

  • ↑

    Net result improved

    Net result +255.0k NOK → +389.8k NOK (net margin 0.8% → 2.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 609.3k NOK → 999.1k NOK (equity ratio 1.3% → 2.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 215.0k NOK → 296.2k NOK (+37.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 30.01m NOK to 19.29m NOK (-35.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +428.6k NOK → +9 173 NOK (op. margin 1.4% → 0.0%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 906.1k NOK → 227.3k NOK (-74.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 35.55m NOK → 37.38m NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 23 → 13. Reported fact