Org.nr 929 829 131 2022 → 2023 Year-over-year analysis

ADVICE IP AS: årsregnskap 2023 vs 2022

Returned to profit

approved 2024-07-30; registry 2024-08-02; journal 2024 700166

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVICE IP AS. Revenue 0 NOK → 10.4k NOK. Net result -2 197 NOK → +2 537 NOK. Equity 27.8k NOK → 30.3k NOK.

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

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

Scorecard

Revenue
0 NOK 10.4k NOK
—
Operating result
-2 817 NOK +3 253 NOK
+215.5%
Net result
-2 197 NOK +2 537 NOK
+215.5%
Equity
27.8k NOK 30.3k NOK
+9.1%
Cash
2 520 NOK 9 031 NOK
+258.4%
Total assets
-6 861 NOK -3 019 NOK
+56.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 10.4k NOK. Calculated

  • ↑

    Operating result improved

    Operating result -2 817 NOK → +3 253 NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 2 197 NOK to a profit of 2 537 NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 27.8k NOK → 30.3k NOK (equity ratio -405.2% → -1005.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 2 520 NOK → 9 031 NOK (+258.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -1005.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value -10.0k NOK → -12.1k NOK. Reported fact