ADVENGE CONSULTING AS: årsregnskap 2024 vs 2023
Shrank 11% on revenue, returned to profit
approved 2025-03-17; registry 2025-07-29; journal 2025 713458
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADVENGE CONSULTING AS. Revenue 494.2k NOK → 438.6k NOK (-11.3%). Net result -85.6k NOK → +87.2k NOK. Equity 73.4k NOK → 160.5k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; cogs moved.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVENGE CONSULTING AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -85.6k NOK → +87.5k NOK (op. margin -17.3% → 19.9%). Calculated
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Turned profitable
Net result flipped from a loss of 85.6k NOK to a profit of 87.2k NOK. Calculated
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Equity strengthened
Book equity 73.4k NOK → 160.5k NOK (equity ratio 7.2% → 16.1%). Calculated
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Payroll decreased
Salary cost 2.53m NOK → 2.28m NOK (512% → 519% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 494.2k NOK to 438.6k NOK (-11.3% YoY). Calculated
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Cash fell
Bank deposits 852.8k NOK → 790.6k NOK (-7.3% YoY). Calculated
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COGS moved
COGS / varekostnad 0 NOK → 43.7k NOK (None YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 250.5k NOK → 301.0k NOK. Reported fact