Org.nr 938 113 033 2021 → 2022 Year-over-year analysis

ADVICE REKLAMEBYRÅ AS: årsregnskap 2022 vs 2021

Grew 188% on revenue, slipped into loss

approved 2023-06-15; registry 2023-06-19; journal 2023 496155

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVICE REKLAMEBYRÅ AS. Revenue 14.4k NOK → 41.5k NOK (+188.2%). Net result +11.8k NOK → -36.5k NOK. Equity -88.0k NOK → -124.5k NOK.

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

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ADVICE REKLAMEBYRÅ AS.

Scorecard

Revenue
14.4k NOK 41.5k NOK
+188.2%
Operating result
+11.8k NOK -36.4k NOK
-408.5%
Net result
+11.8k NOK -36.5k NOK
-409.0%
Equity
-88.0k NOK -124.5k NOK
-41.5%
Cash
3 421 NOK 5 336 NOK
+56.0%
Total assets
17.8k NOK 20.6k NOK
+15.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 14.4k NOK to 41.5k NOK (+188.2% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 3 421 NOK → 5 336 NOK (+56.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +11.8k NOK → -36.4k NOK (op. margin 82.0% → -87.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 11.8k NOK profit to a loss of 36.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -88.0k NOK → -124.5k NOK (equity ratio -493.5% → -604.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -604.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 1 804 NOK → 56.2k NOK (+3012.7% YoY). Calculated