Org.nr 998 367 549 2022 → 2023 Year-over-year analysis

ADVISE REKLAMEBYRÅ AS: årsregnskap 2023 vs 2022

Shrank 10% on revenue, stronger earnings

approved 2024-04-30; registry 2024-05-08; journal 2024 402403

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADVISE REKLAMEBYRÅ AS. Revenue 291.4k NOK → 261.8k NOK (-10.2%). Net result +69.9k NOK → +335.4k NOK. Equity 431.7k NOK → 4.32m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened.

Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for ADVISE REKLAMEBYRÅ AS.

Scorecard

Revenue
291.4k NOK 261.8k NOK
-10.2%
Operating result
+104.6k NOK +101.8k NOK
-2.7%
Net result
+69.9k NOK +335.4k NOK
+379.7%
Equity
431.7k NOK 4.32m NOK
+899.9%
Cash
707.8k NOK 738.9k NOK
+4.4%
Total assets
5.16m NOK 4.40m NOK
-14.7%

What improved

  • ↑

    Net result improved

    Net result +69.9k NOK → +335.4k NOK (net margin 24.0% → 128.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 431.7k NOK → 4.32m NOK (equity ratio 8.4% → 98.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 707.8k NOK → 738.9k NOK (+4.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 291.4k NOK to 261.8k NOK (-10.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +104.6k NOK → +101.8k NOK (op. margin 35.9% → 38.9%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 3.63m NOK → 3.18m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 19.3k NOK → 3 336 NOK (-82.8% YoY). Calculated