Org.nr 999 517 854 2021 → 2022 Year-over-year analysis

ADVENGE CONSULTING AS: årsregnskap 2022 vs 2021

Grew 130% on revenue, slipped into loss

approved 2023-02-24; registry 2023-02-28; journal 2023 313301

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVENGE CONSULTING AS. Revenue 145.3k NOK → 333.7k NOK (+129.7%). Net result +69.4k NOK → -119.4k NOK. Equity 278.4k NOK → 159.0k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: paid-in equity reduced; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVENGE CONSULTING AS.

Scorecard

Revenue
145.3k NOK 333.7k NOK
+129.7%
Operating result
+69.0k NOK -119.8k NOK
-273.8%
Net result
+69.4k NOK -119.4k NOK
-272.0%
Equity
278.4k NOK 159.0k NOK
-42.9%
Cash
291.1k NOK 805.8k NOK
+176.9%
Total assets
556.2k NOK 920.9k NOK
+65.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 145.3k NOK to 333.7k NOK (+129.7% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 291.1k NOK → 805.8k NOK (+176.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +69.0k NOK → -119.8k NOK (op. margin 47.5% → -35.9%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 69.4k NOK profit to a loss of 119.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 278.4k NOK → 159.0k NOK (equity ratio 50.0% → 17.3%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 278.4k NOK → 159.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 265.1k NOK → 115.1k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 1. Reported fact