Org.nr 919 298 928 2021 → 2022 Year-over-year analysis

ADVICEPEOPLE HR SERVICES AS: årsregnskap 2022 vs 2021

Stronger earnings

approved 2023-06-30; registry 2023-07-04; journal 2023 569075

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVICEPEOPLE HR SERVICES AS. Revenue 597.9k NOK → 597.9k NOK (0.0%). Net result -1.14m NOK → -436.7k NOK. Equity 68.6k NOK → -368.1k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVICEPEOPLE HR SERVICES AS.

Scorecard

Revenue
597.9k NOK 597.9k NOK
0.0%
Operating result
-1.05m NOK -388.0k NOK
+63.0%
Net result
-1.14m NOK -436.7k NOK
+61.7%
Equity
68.6k NOK -368.1k NOK
-636.9%
Cash
299.5k NOK 251.3k NOK
-16.1%
Total assets
1.70m NOK 764.0k NOK
-55.2%

What improved

  • ↑

    Operating result improved

    Operating result -1.05m NOK → -388.0k NOK (op. margin -175.3% → -64.9%). Calculated

  • ↑

    Net result improved

    Net result -1.14m NOK → -436.7k NOK (net margin -190.8% → -73.0%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 68.6k NOK → -368.1k NOK (equity ratio 4.0% → -48.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 299.5k NOK → 251.3k NOK (-16.1% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.30× → 0.49× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -48.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation