Org.nr 916 639 236 2021 → 2022 Year-over-year analysis

ADVAXA AS: årsregnskap 2022 vs 2021

Returned to profit

approved 2023-05-22; registry 2023-06-03; journal 2023 453432

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVAXA AS. Net result -55.5k NOK → +3.55m NOK. Equity 13.74m NOK → 14.28m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: cash fell.

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

Scorecard

Revenue
n/m 399.8k NOK
—
Operating result
-35.9k NOK +138.8k NOK
+487.0%
Net result
-55.5k NOK +3.55m NOK
+6492.5%
Equity
13.74m NOK 14.28m NOK
+4.0%
Cash
10.56m NOK 10.51m NOK
-0.5%
Total assets
13.74m NOK 14.47m NOK
+5.3%

What improved

  • ↑

    Operating result improved

    Operating result -35.9k NOK → +138.8k NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 55.5k NOK to a profit of 3.55m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 13.74m NOK → 14.28m NOK (equity ratio 100.0% → 98.7%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 10.56m NOK → 10.51m NOK (-0.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 5 456 NOK → 1.23m NOK. Calculated

  • ·

    Book investments changed

    Investment / intangible book value 3.10m NOK → 2.87m NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 1. Reported fact