ADVISETECH AS: årsregnskap 2023 vs 2022
Grew 21% on revenue
approved 2024-03-19; registry 2024-06-03; journal 2024 412391
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVISETECH AS. Revenue 29.98m NOK → 36.38m NOK (+21.4%). Net result +4.56m NOK → +5.44m NOK. Equity 7.56m NOK → 8.00m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVISETECH AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 29.98m NOK to 36.38m NOK (+21.4% YoY). Calculated
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Operating result improved
Operating result +5.87m NOK → +6.96m NOK (op. margin 19.6% → 19.1%). Calculated
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Net result improved
Net result +4.56m NOK → +5.44m NOK (net margin 15.2% → 14.9%). Calculated
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Equity strengthened
Book equity 7.56m NOK → 8.00m NOK (equity ratio 48.1% → 45.9%). Calculated
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Cash rose
Bank deposits 10.27m NOK → 11.39m NOK (+10.9% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 18.70m NOK → 25.23m NOK (62% → 69% of revenue). Calculated
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COGS moved
COGS / varekostnad 775.3k NOK → 954.9k NOK (+23.2% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 13.28 → 17. Reported fact