Org.nr 930 944 688 2023 → 2024 Year-over-year analysis

ADVICE ACCOUNTING AS: årsregnskap 2024 vs 2023

Grew 163% on revenue, weaker earnings

approved 2025-01-20; registry 2025-05-13; journal 2025 393703

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVICE ACCOUNTING AS. Revenue 1.99m NOK → 5.25m NOK (+163.5%). Net result +43.9k NOK → +22.6k NOK. Equity 168.3k NOK → 191.0k NOK.

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

Also worth watching: cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVICE ACCOUNTING AS.

Scorecard

Revenue
1.99m NOK 5.25m NOK
+163.5%
Operating result
+55.8k NOK +40.7k NOK
-27.0%
Net result
+43.9k NOK +22.6k NOK
-48.5%
Equity
168.3k NOK 191.0k NOK
+13.4%
Cash
168.0k NOK 158.7k NOK
-5.5%
Total assets
776.2k NOK 263.0k NOK
-66.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.99m NOK to 5.25m NOK (+163.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 168.3k NOK → 191.0k NOK (equity ratio 21.7% → 72.6%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +55.8k NOK → +40.7k NOK (op. margin 2.8% → 0.8%). Calculated

  • ↓

    Net result weakened

    Net result +43.9k NOK → +22.6k NOK (net margin 2.2% → 0.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 168.0k NOK → 158.7k NOK (-5.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.33× → 0.26× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 17.3k NOK → 82.5k NOK (+378.0% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 4 → 5. Reported fact