Org.nr 914 743 281 2021 → 2022 Year-over-year analysis

ADVELA AS: årsregnskap 2022 vs 2021

Shrank 100% on revenue, weaker earnings

approved 2023-06-29; registry 2023-08-02; journal 2023 689161

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVELA AS. Revenue 271.8k NOK → 400 NOK (-99.9%). Net result -27.6k NOK → -754.5k NOK. Equity -389.4k NOK → -1.26m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVELA AS.

Scorecard

Revenue
271.8k NOK 400 NOK
-99.9%
Operating result
-134.0k NOK -729.0k NOK
-444.0%
Net result
-27.6k NOK -754.5k NOK
-2637.4%
Equity
-389.4k NOK -1.26m NOK
-222.4%
Cash
112.9k NOK 66.6k NOK
-41.0%
Total assets
244.4k NOK 249.6k NOK
+2.1%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 271.8k NOK to 400 NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -134.0k NOK → -729.0k NOK (op. margin -49.3% → -182241.2%). Calculated

  • ↓

    Net result weakened

    Net result -27.6k NOK → -754.5k NOK (net margin -10.1% → -188636.5%). Calculated

  • ↓

    Equity eroded

    Book equity -389.4k NOK → -1.26m NOK (equity ratio -159.3% → -502.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 112.9k NOK → 66.6k NOK (-41.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -502.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 1. Reported fact