Org.nr 915 473 865 2021 → 2022 Year-over-year analysis

ADVIK AS: årsregnskap 2022 vs 2021

Grew 21% on revenue, returned to profit

approved 2023-05-04; registry 2023-05-09; journal 2023 393315

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADVIK AS. Revenue 9.17m NOK → 11.08m NOK (+20.9%). Net result -279.3k NOK → +491.5k NOK. Equity -225.6k NOK → 265.9k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADVIK AS.

Scorecard

Revenue
9.17m NOK 11.08m NOK
+20.9%
Operating result
-222.7k NOK +598.5k NOK
+368.8%
Net result
-279.3k NOK +491.5k NOK
+276.0%
Equity
-225.6k NOK 265.9k NOK
+217.8%
Cash
338.0k NOK 869.6k NOK
+157.3%
Total assets
1.74m NOK 2.37m NOK
+35.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9.17m NOK to 11.08m NOK (+20.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -222.7k NOK → +598.5k NOK (op. margin -2.4% → 5.4%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 279.3k NOK to a profit of 491.5k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -225.6k NOK → 265.9k NOK (equity ratio -12.9% → 11.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 338.0k NOK → 869.6k NOK (+157.3% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 4.79m NOK → 5.00m NOK (+4.4% YoY). Calculated