ADVISORWEST AS: årsregnskap 2024 vs 2023
Grew 16% on revenue, slipped into loss
approved 2025-08-11; registry 2025-08-18; journal 2025 748416
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADVISORWEST AS. Revenue 5.87m NOK → 6.83m NOK (+16.4%). Net result +3.16m NOK → -215.1k NOK. Equity 990.7k NOK → 775.6k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADVISORWEST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.87m NOK to 6.83m NOK (+16.4% YoY). Calculated
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↑
Payroll decreased
Salary cost 3.37m NOK → 2.97m NOK (57% → 43% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +229.7k NOK → +12.9k NOK (op. margin 3.9% → 0.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 3.16m NOK profit to a loss of 215.1k NOK. Calculated
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↓
Equity eroded
Book equity 990.7k NOK → 775.6k NOK (equity ratio 62.3% → 54.5%). Calculated
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↓
Cash fell
Bank deposits 383.0k NOK → 378.1k NOK (-1.3% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 385.6k NOK → 99.8k NOK (-74.1% YoY). Calculated