Org.nr 919 298 928 2022 → 2023 Year-over-year analysis

ADVICEPEOPLE HR SERVICES AS: årsregnskap 2023 vs 2022

Grew 48% on revenue, returned to profit, cash halved-plus

approved 2024-08-12; registry 2024-08-15; journal 2024 728970

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVICEPEOPLE HR SERVICES AS. Revenue 597.9k NOK → 887.0k NOK (+48.4%). Net result -436.7k NOK → +367.8k NOK. Equity -368.1k NOK → -397 NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVICEPEOPLE HR SERVICES AS.

Scorecard

Revenue
597.9k NOK 887.0k NOK
+48.4%
Operating result
-388.0k NOK +449.3k NOK
+215.8%
Net result
-436.7k NOK +367.8k NOK
+184.2%
Equity
-368.1k NOK -397 NOK
+99.9%
Cash
251.3k NOK 86.5k NOK
-65.6%
Total assets
764.0k NOK 123.8k NOK
-83.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 597.9k NOK to 887.0k NOK (+48.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -388.0k NOK → +449.3k NOK (op. margin -64.9% → 50.7%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 436.7k NOK to a profit of 367.8k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -368.1k NOK → -397 NOK (equity ratio -48.2% → -0.3%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.49× → 1.16×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 251.3k NOK → 86.5k NOK (-65.6% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 1. Reported fact