FirmaIQ
Org.nr 922 675 619 2023 → 2024 Year-over-year analysis

ADVISETECH AS: årsregnskap 2024 vs 2023

Grew 16% on revenue

approved 2025-02-25; registry 2025-03-03; journal 2025 320309

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for ADVISETECH AS. Revenue 36.38m NOK → 42.14m NOK (+15.8%). Net result +5.44m NOK → +5.45m NOK. Equity 8.00m NOK → 5.51m NOK.

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

Also worth watching: paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ADVISETECH AS.

At a glance

Scorecard

Revenue
36.38m NOK 42.14m NOK
+15.8%
Operating result
+6.96m NOK +6.93m NOK
-0.4%
Net result
+5.44m NOK +5.45m NOK
+0.3%
Equity
8.00m NOK 5.51m NOK
-31.1%
Cash
11.39m NOK 9.37m NOK
-17.8%
Total assets
17.43m NOK 17.09m NOK
-2.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 36.38m NOK to 42.14m NOK (+15.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +6.96m NOK → +6.93m NOK (op. margin 19.1% → 16.5%). Calculated

  • ↓

    Equity eroded

    Book equity 8.00m NOK → 5.51m NOK (equity ratio 45.9% → 32.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 11.39m NOK → 9.37m NOK (-17.8% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 1.38m NOK → 56.1k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 25.23m NOK → 30.43m NOK (69% → 72% of revenue). Calculated