Org.nr 911 836 246 2023 → 2024 Year-over-year analysis

ADVISENSE AS: årsregnskap 2024 vs 2023

Shrank 9% on revenue, weaker earnings, cash halved-plus

approved 2025-03-13; registry 2025-03-17; journal 2025 335562

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADVISENSE AS. Revenue 72.50m NOK → 66.14m NOK (-8.8%). Net result -5.48m NOK → -15.84m NOK. Equity 3.79m NOK → 2.08m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: sharp cash drawdown; paid-in equity reduced; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVISENSE AS.

Scorecard

Revenue
72.50m NOK 66.14m NOK
-8.8%
Operating result
-5.40m NOK -14.77m NOK
-173.4%
Net result
-5.48m NOK -15.84m NOK
-189.0%
Equity
3.79m NOK 2.08m NOK
-45.2%
Cash
9.59m NOK 1.90m NOK
-80.2%
Total assets
24.30m NOK 18.82m NOK
-22.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 72.50m NOK to 66.14m NOK (-8.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -5.40m NOK → -14.77m NOK (op. margin -7.5% → -22.3%). Calculated

  • ↓

    Net result weakened

    Net result -5.48m NOK → -15.84m NOK (net margin -7.6% → -24.0%). Calculated

  • ↓

    Equity eroded

    Book equity 3.79m NOK → 2.08m NOK (equity ratio 15.6% → 11.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 9.59m NOK → 1.90m NOK (-80.2% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (9.59m NOK → 1.90m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 493.2k NOK → 76.8k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Headcount (årsverk) changed

    Reported FTEs 31.52 → 39.77. Reported fact