Org.nr 981 102 495 2022 → 2023 Year-over-year analysis

ADVICE AS: årsregnskap 2023 vs 2022

Returned to profit

approved 2024-07-04; registry 2024-08-01; journal 2024 689787

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVICE AS. Revenue 2 285 NOK → 2 285 NOK (0.0%). Net result -595.1k NOK → +885.7k NOK. Equity 6.25m NOK → 7.13m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVICE AS.

Scorecard

Revenue
2 285 NOK 2 285 NOK
0.0%
Operating result
-88.5k NOK -86.4k NOK
+2.4%
Net result
-595.1k NOK +885.7k NOK
+248.8%
Equity
6.25m NOK 7.13m NOK
+14.2%
Cash
40.5k NOK 64.4k NOK
+58.9%
Total assets
7.17m NOK 7.21m NOK
+0.7%

What improved

  • ↑

    Operating result improved

    Operating result -88.5k NOK → -86.4k NOK (op. margin -3874.7% → -3782.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 595.1k NOK to a profit of 885.7k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 6.25m NOK → 7.13m NOK (equity ratio 87.2% → 98.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 40.5k NOK → 64.4k NOK (+58.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.11m NOK → 964.9k NOK. Reported fact