Org.nr 915 473 865 2023 → 2024 Year-over-year analysis

ADVIK AS: årsregnskap 2024 vs 2023

Shrank 21% on revenue, stronger earnings, cash halved-plus

approved 2025-06-24; registry 2025-07-05; journal 2025 632847

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVIK AS. Revenue 9.69m NOK → 7.67m NOK (-20.8%). Net result -348.1k NOK → -130.5k NOK. Equity -82.2k NOK → -212.8k NOK.

On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVIK AS.

Scorecard

Revenue
9.69m NOK 7.67m NOK
-20.8%
Operating result
-265.1k NOK +2 025 NOK
+100.8%
Net result
-348.1k NOK -130.5k NOK
+62.5%
Equity
-82.2k NOK -212.8k NOK
-158.7%
Cash
345.3k NOK 95.2k NOK
-72.4%
Total assets
2.07m NOK 1.31m NOK
-36.7%

What improved

  • ↑

    Operating result improved

    Operating result -265.1k NOK → +2 025 NOK (op. margin -2.7% → 0.0%). Calculated

  • ↑

    Net result improved

    Net result -348.1k NOK → -130.5k NOK (net margin -3.6% → -1.7%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.95m NOK → 2.41m NOK (41% → 31% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9.69m NOK to 7.67m NOK (-20.8% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -82.2k NOK → -212.8k NOK (equity ratio -4.0% → -16.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 345.3k NOK → 95.2k NOK (-72.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -16.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 4.38m NOK → 3.93m NOK (-10.4% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 5 → 3. Reported fact