FirmaIQ
Org.nr 915 813 860 2022 → 2023 Year-over-year analysis

ADVENIT AS: årsregnskap 2023 vs 2022

Stronger earnings

approved 2024-01-18; registry 2024-06-08; journal 2024 438571

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVENIT AS. Revenue 10.57m NOK → 10.74m NOK (+1.6%). Net result +456.9k NOK → +679.6k NOK. Equity 2.81m NOK → 3.09m NOK.

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

Also worth watching: cogs fell; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVENIT AS.

At a glance

Scorecard

Revenue
10.57m NOK 10.74m NOK
+1.6%
Operating result
+1.00m NOK +1.64m NOK
+63.9%
Net result
+456.9k NOK +679.6k NOK
+48.7%
Equity
2.81m NOK 3.09m NOK
+10.0%
Cash
4.92m NOK 3.21m NOK
-34.7%
Total assets
8.87m NOK 8.65m NOK
-2.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.57m NOK to 10.74m NOK (+1.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.00m NOK → +1.64m NOK (op. margin 9.5% → 15.3%). Calculated

  • ↑

    Net result improved

    Net result +456.9k NOK → +679.6k NOK (net margin 4.3% → 6.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.81m NOK → 3.09m NOK (equity ratio 31.7% → 35.7%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 4.92m NOK → 3.21m NOK (-34.7% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 3.00m NOK → 2.86m NOK (-4.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 3.95m NOK → 862.2k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 4 → 3. Reported fact