Org.nr 926 998 625 2021 → 2022 Year-over-year analysis

ADVICE CONSULTING GROUP AS: årsregnskap 2022 vs 2021

Grew 174948% on revenue, returned to profit

approved 2023-03-08; registry 2023-03-14; journal 2023 323593

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVICE CONSULTING GROUP AS. Revenue 2 227 NOK → 3.90m NOK (+174948.2%). Net result -53.8k NOK → +189.3k NOK. Equity 46.2k NOK → 235.5k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: payroll increased; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVICE CONSULTING GROUP AS.

Scorecard

Revenue
2 227 NOK 3.90m NOK
+174948.2%
Operating result
-67.6k NOK +242.2k NOK
+458.5%
Net result
-53.8k NOK +189.3k NOK
+452.1%
Equity
46.2k NOK 235.5k NOK
+409.4%
Cash
216.9k NOK 475.3k NOK
+119.1%
Total assets
808.5k NOK 270.1k NOK
-66.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2 227 NOK to 3.90m NOK (+174948.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -67.6k NOK → +242.2k NOK (op. margin -3033.4% → 6.2%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 53.8k NOK to a profit of 189.3k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 46.2k NOK → 235.5k NOK (equity ratio 5.7% → 87.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 216.9k NOK → 475.3k NOK (+119.1% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 789 NOK → 2.87m NOK (80% → 74% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 61.2k NOK → 1 970 NOK (-96.8% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2 → 4. Reported fact