FirmaIQ
Org.nr 996 395 723 2021 → 2022 Year-over-year analysis

ADVENIO AS: årsregnskap 2022 vs 2021

Grew 7% on revenue, stronger earnings

approved 2023-05-28; registry 2023-08-22; journal 2023 703909

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVENIO AS. Revenue 6.27m NOK → 6.73m NOK (+7.3%). Net result +637.7k NOK → +1.05m NOK. Equity 2.31m NOK → 2.07m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVENIO AS.

At a glance

Scorecard

Revenue
6.27m NOK 6.73m NOK
+7.3%
Operating result
+2.02m NOK +2.29m NOK
+13.5%
Net result
+637.7k NOK +1.05m NOK
+64.2%
Equity
2.31m NOK 2.07m NOK
-10.6%
Cash
1.56m NOK 1.30m NOK
-16.4%
Total assets
4.13m NOK 3.69m NOK
-10.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.27m NOK to 6.73m NOK (+7.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.02m NOK → +2.29m NOK (op. margin 32.1% → 34.0%). Calculated

  • ↑

    Net result improved

    Net result +637.7k NOK → +1.05m NOK (net margin 10.2% → 15.6%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 2.31m NOK → 2.07m NOK (equity ratio 55.9% → 56.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.56m NOK → 1.30m NOK (-16.4% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 87.7k NOK → 138.0k NOK (+57.4% YoY). Calculated