ADVANTI & PARTNERS ALTA AS: årsregnskap 2022 vs 2021
Shrank 12% on revenue, stronger earnings, cash halved-plus
approved 2023-06-30; registry 2023-08-15; journal 2023 684534
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVANTI & PARTNERS ALTA AS. Revenue 9.66m NOK → 8.54m NOK (-11.6%). Net result +274.3k NOK → +542.2k NOK. Equity 774.3k NOK → 316.5k NOK.
On the constructive side: operating result improved; net result improved; owners injected capital. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for ADVANTI & PARTNERS ALTA AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +664.9k NOK → +692.9k NOK (op. margin 6.9% → 8.1%). Calculated
-
↑
Net result improved
Net result +274.3k NOK → +542.2k NOK (net margin 2.8% → 6.3%). Calculated
-
↑
Owners injected capital
Paid-in equity rose 500 NOK → 500.0k NOK (+499.5k NOK). Reported fact
-
↑
Payroll decreased
Salary cost 4.45m NOK → 4.16m NOK (46% → 49% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 9.66m NOK to 8.54m NOK (-11.6% YoY). Calculated
-
↓
Equity eroded
Book equity 774.3k NOK → 316.5k NOK (equity ratio 16.6% → 9.3%). Calculated
-
↓
Cash fell
Bank deposits 2.11m NOK → 615.5k NOK (-70.9% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 9.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (2.11m NOK → 615.5k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
COGS fell
COGS / varekostnad 985.8k NOK → 918.0k NOK (-6.9% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 490.1k NOK → 579.2k NOK. Reported fact
-
·
Headcount (årsverk) changed
Reported FTEs 4 → 5. Reported fact