Org.nr 914 743 281 2022 → 2023 Year-over-year analysis

ADVELA AS: årsregnskap 2023 vs 2022

Grew 253357% on revenue, stronger earnings

approved 2024-07-25; registry 2024-07-29; journal 2024 682531

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVELA AS. Revenue 400 NOK → 1.01m NOK (+253357.0%). Net result -754.5k NOK → -349.9k NOK. Equity -1.26m NOK → -1.61m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.

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

Scorecard

Revenue
400 NOK 1.01m NOK
+253357.0%
Operating result
-729.0k NOK -322.6k NOK
+55.7%
Net result
-754.5k NOK -349.9k NOK
+53.6%
Equity
-1.26m NOK -1.61m NOK
-27.9%
Cash
66.6k NOK 50.1k NOK
-24.7%
Total assets
249.6k NOK 353.3k NOK
+41.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 400 NOK to 1.01m NOK (+253357.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -729.0k NOK → -322.6k NOK (op. margin -182241.2% → -31.8%). Calculated

  • ↑

    Net result improved

    Net result -754.5k NOK → -349.9k NOK (net margin -188636.5% → -34.5%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -1.26m NOK → -1.61m NOK (equity ratio -502.8% → -454.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 66.6k NOK → 50.1k NOK (-24.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.20m NOK → 2.26m NOK (549224% → 223% of revenue). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 2. Reported fact