Org.nr 938 113 033 2022 → 2023 Year-over-year analysis

ADVICE REKLAMEBYRÅ AS: årsregnskap 2023 vs 2022

Grew 23% on revenue, returned to profit

approved 2024-03-07; registry 2024-03-11; journal 2024 323887

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVICE REKLAMEBYRÅ AS. Revenue 41.5k NOK → 51.2k NOK (+23.4%). Net result -36.5k NOK → +44.4k NOK. Equity -124.5k NOK → -80.1k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVICE REKLAMEBYRÅ AS.

Scorecard

Revenue
41.5k NOK 51.2k NOK
+23.4%
Operating result
-36.4k NOK +44.5k NOK
+222.0%
Net result
-36.5k NOK +44.4k NOK
+221.5%
Equity
-124.5k NOK -80.1k NOK
+35.7%
Cash
5 336 NOK 15.2k NOK
+184.6%
Total assets
20.6k NOK 15.2k NOK
-26.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 41.5k NOK to 51.2k NOK (+23.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -36.4k NOK → +44.5k NOK (op. margin -87.8% → 86.9%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 36.5k NOK to a profit of 44.4k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -124.5k NOK → -80.1k NOK (equity ratio -604.1% → -527.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 5 336 NOK → 15.2k NOK (+184.6% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 56.2k NOK → 4 202 NOK (-92.5% YoY). Calculated