ADVENTIS AS: årsregnskap 2023 vs 2022
Shrank 11% on revenue, stronger earnings, cash halved-plus
approved 2024-07-25; registry 2024-08-26; journal 2024 736779
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVENTIS AS. Revenue 290.9k NOK → 259.6k NOK (-10.7%). Net result +78.6k NOK → +161.2k NOK. Equity -194.7k NOK → -33.5k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVENTIS AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +85.1k NOK → +165.7k NOK (op. margin 29.2% → 63.8%). Calculated
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↑
Net result improved
Net result +78.6k NOK → +161.2k NOK (net margin 27.0% → 62.1%). Calculated
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↑
Equity strengthened
Book equity -194.7k NOK → -33.5k NOK (equity ratio -332.1% → -342.2%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 290.9k NOK to 259.6k NOK (-10.7% YoY). Calculated
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↓
Cash fell
Bank deposits 58.5k NOK → 9 678 NOK (-83.5% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -342.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation