ADVANTEK ENGINEERING AS: årsregnskap 2024 vs 2023
Shrank 15% on revenue
registry 2025-08-06; journal 2025 742405
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADVANTEK ENGINEERING AS. Revenue 89.00m NOK → 75.69m NOK (-14.9%). Net result +2.58m NOK → +2.47m NOK. Equity 588.4k NOK → 2.39m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADVANTEK ENGINEERING AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 588.4k NOK → 2.39m NOK (equity ratio 2.1% → 11.7%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 89.00m NOK to 75.69m NOK (-14.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +3.49m NOK → +3.40m NOK (op. margin 3.9% → 4.5%). Calculated
-
↓
Cash fell
Bank deposits 849.5k NOK → 435.5k NOK (-48.7% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 54.68m NOK → 37.62m NOK (-31.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 117.4k NOK → 128.0k NOK. Reported fact