ADVAXA AS: årsregnskap 2024 vs 2023
Grew 387% on revenue, weaker earnings
approved 2025-04-16; registry 2025-05-03; journal 2025 401611
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADVAXA AS. Revenue 416.3k NOK → 2.03m NOK (+386.7%). Net result +369.1k NOK → +207.4k NOK. Equity 14.65m NOK → 15.86m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADVAXA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 416.3k NOK to 2.03m NOK (+386.7% YoY). Calculated
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↑
Equity strengthened
Book equity 14.65m NOK → 15.86m NOK (equity ratio 97.5% → 96.3%). Calculated
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↑
Cash rose
Bank deposits 1.94m NOK → 2.99m NOK (+54.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +289.0k NOK → +94.5k NOK (op. margin 69.4% → 4.7%). Calculated
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↓
Net result weakened
Net result +369.1k NOK → +207.4k NOK (net margin 88.7% → 10.2%). Calculated
Things to notice
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·
Payroll increased
Salary cost 821.1k NOK → 830.8k NOK (197% → 41% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 12.45m NOK → 13.37m NOK. Reported fact