Org.nr 927 515 733 2022 → 2023 Year-over-year analysis

ADVICE OSLO AS: årsregnskap 2023 vs 2022

Grew 125804% on revenue, slipped into loss

approved 2024-06-28; registry 2024-08-02; journal 2024 700618

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVICE OSLO AS. Revenue 1 035 NOK → 1.30m NOK (+125803.9%). Net result +3 906 NOK → -4 663 NOK. Equity 86.1k NOK → 81.4k NOK.

On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: fell into a net loss; equity eroded.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVICE OSLO AS.

Scorecard

Revenue
1 035 NOK 1.30m NOK
+125803.9%
Operating result
+7 200 NOK +11.7k NOK
+61.8%
Net result
+3 906 NOK -4 663 NOK
-219.4%
Equity
86.1k NOK 81.4k NOK
-5.4%
Cash
60.0k NOK 68.5k NOK
+14.2%
Total assets
278.5k NOK 303.1k NOK
+8.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 035 NOK to 1.30m NOK (+125803.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +7 200 NOK → +11.7k NOK (op. margin 695.7% → 0.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 60.0k NOK → 68.5k NOK (+14.2% YoY). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 3 906 NOK profit to a loss of 4 663 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 86.1k NOK → 81.4k NOK (equity ratio 30.9% → 26.9%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 870 NOK → 989.7k NOK (181% → 76% of revenue). Calculated