Org.nr 918 598 626 2021 → 2022 Year-over-year analysis

ADVICON AS: årsregnskap 2022 vs 2021

Slipped into loss

approved 2023-06-27; registry 2023-07-03; journal 2023 557527

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVICON AS. Net result +16.5k NOK → -133.5k NOK. Equity 2.03m NOK → 1.89m NOK.

On the constructive side: operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVICON AS.

Scorecard

Operating result
-94.2k NOK -61.4k NOK
+34.8%
Net result
+16.5k NOK -133.5k NOK
-910.2%
Equity
2.03m NOK 1.89m NOK
-6.6%
Cash
227.0k NOK 211.8k NOK
-6.7%
Total assets
2.07m NOK 1.92m NOK
-7.6%

What improved

  • ↑

    Operating result improved

    Operating result -94.2k NOK → -61.4k NOK. Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 16.5k NOK profit to a loss of 133.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.03m NOK → 1.89m NOK (equity ratio 97.7% → 98.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 227.0k NOK → 211.8k NOK (-6.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 161.5k NOK → 122.3k NOK. Reported fact