ADVANTEK DIGITAL AS: årsregnskap 2022 vs 2021
Grew 31% on revenue, slipped into loss, fresh owner capital
registry 2023-08-23; journal 2023 711352
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVANTEK DIGITAL AS. Revenue 15.12m NOK → 19.76m NOK (+30.7%). Net result +29.1k NOK → -1.32m NOK. Equity 518.6k NOK → 568.8k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVANTEK DIGITAL AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 15.12m NOK to 19.76m NOK (+30.7% YoY). Calculated
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Equity strengthened
Book equity 518.6k NOK → 568.8k NOK (equity ratio 8.5% → 8.2%). Calculated
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Cash rose
Bank deposits 428.7k NOK → 646.4k NOK (+50.8% YoY). Calculated
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Owners injected capital
Paid-in equity rose 1.08m NOK → 2.15m NOK (+1.07m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +681.4k NOK → -791.2k NOK (op. margin 4.5% → -4.0%). Calculated
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Fell into a net loss
Net result flipped from 29.1k NOK profit to a loss of 1.32m NOK. Calculated
Things to notice
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Thin equity buffer
Equity ratio is 8.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 7.46m NOK → 11.02m NOK (49% → 56% of revenue). Calculated
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COGS moved
COGS / varekostnad 4.53m NOK → 5.71m NOK (+26.1% YoY). Calculated
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Book investments changed
Investment / intangible book value 5.68m NOK → 10.7k NOK. Reported fact