ADVICE CONSULTING GROUP AS: årsregnskap 2023 vs 2022
Grew 36% on revenue, stronger earnings
approved 2024-01-12; registry 2024-01-22; journal 2024 301629
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVICE CONSULTING GROUP AS. Revenue 3.90m NOK → 5.32m NOK (+36.4%). Net result +189.3k NOK → +591.8k NOK. Equity 235.5k NOK → 527.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVICE CONSULTING GROUP AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.90m NOK to 5.32m NOK (+36.4% YoY). Calculated
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Operating result improved
Operating result +242.2k NOK → +759.5k NOK (op. margin 6.2% → 14.3%). Calculated
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Net result improved
Net result +189.3k NOK → +591.8k NOK (net margin 4.9% → 11.1%). Calculated
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Equity strengthened
Book equity 235.5k NOK → 527.3k NOK (equity ratio 87.2% → 28.4%). Calculated
What deteriorated
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Cash fell
Bank deposits 475.3k NOK → 301.9k NOK (-36.5% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 2.87m NOK → 3.74m NOK (74% → 70% of revenue). Calculated
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COGS moved
COGS / varekostnad 1 970 NOK → 7 931 NOK (+302.6% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 4 → 5. Reported fact