FirmaIQ
Org.nr 912 343 448 2022 → 2023 Year-over-year analysis

ADVICE4YOU AS: årsregnskap 2023 vs 2022

Stronger earnings

approved 2024-01-30; registry 2024-02-08; journal 2024 304942

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADVICE4YOU AS. Revenue 2.07m NOK → 2.08m NOK (+0.7%). Net result +1.25m NOK → +3.92m NOK. Equity 1.11m NOK → 1.03m NOK.

On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened; equity eroded.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADVICE4YOU AS.

At a glance

Scorecard

Revenue
2.07m NOK 2.08m NOK
+0.7%
Operating result
+1.60m NOK +1.15m NOK
-27.8%
Net result
+1.25m NOK +3.92m NOK
+214.4%
Equity
1.11m NOK 1.03m NOK
-7.1%
Cash
907.0k NOK 2.31m NOK
+154.4%
Total assets
2.13m NOK 2.54m NOK
+19.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.07m NOK to 2.08m NOK (+0.7% YoY). Calculated

  • ↑

    Net result improved

    Net result +1.25m NOK → +3.92m NOK (net margin 60.2% → 188.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 907.0k NOK → 2.31m NOK (+154.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1.60m NOK → +1.15m NOK (op. margin 77.2% → 55.4%). Calculated

  • ↓

    Equity eroded

    Book equity 1.11m NOK → 1.03m NOK (equity ratio 52.3% → 40.7%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 376.3k NOK → 773.9k NOK (18% → 37% of revenue). Calculated