ADVICIA AS: årsregnskap 2022 vs 2021
Grew 12% on revenue, weaker earnings, cash halved-plus
approved 2023-03-09; registry 2023-05-09; journal 2023 394329
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVICIA AS. Revenue 6.80m NOK → 7.61m NOK (+11.9%). Net result +517.6k NOK → +395.8k NOK. Equity 286.6k NOK → 270.1k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADVICIA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.80m NOK to 7.61m NOK (+11.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +548.3k NOK → +511.0k NOK (op. margin 8.1% → 6.7%). Calculated
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↓
Net result weakened
Net result +517.6k NOK → +395.8k NOK (net margin 7.6% → 5.2%). Calculated
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↓
Equity eroded
Book equity 286.6k NOK → 270.1k NOK (equity ratio 17.0% → 11.2%). Calculated
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↓
Cash fell
Bank deposits 796.4k NOK → 288.5k NOK (-63.8% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 3.71m NOK → 4.58m NOK (55% → 60% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 725.0k NOK → 1.64m NOK (+126.1% YoY). Calculated