FirmaIQ
Org.nr 987 150 297 2021 → 2022 Year-over-year analysis

ADVISTA AS: årsregnskap 2022 vs 2021

Grew 15% on revenue, weaker earnings, cash halved-plus

approved 2023-05-02; registry 2023-09-11; journal 2023 726400

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADVISTA AS. Revenue 3.66m NOK → 4.20m NOK (+14.7%). Net result +20.60m NOK → +10.61m NOK. Equity 2.32m NOK → 2.92m NOK.

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

Also worth watching: sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for ADVISTA AS.

At a glance

Scorecard

Revenue
3.66m NOK 4.20m NOK
+14.7%
Operating result
+932.4k NOK +771.9k NOK
-17.2%
Net result
+20.60m NOK +10.61m NOK
-48.5%
Equity
2.32m NOK 2.92m NOK
+26.2%
Cash
4.61m NOK 1.75m NOK
-62.1%
Total assets
28.58m NOK 15.04m NOK
-47.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.66m NOK to 4.20m NOK (+14.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 2.32m NOK → 2.92m NOK (equity ratio 8.1% → 19.4%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +932.4k NOK → +771.9k NOK (op. margin 25.5% → 18.4%). Calculated

  • ↓

    Net result weakened

    Net result +20.60m NOK → +10.61m NOK (net margin 562.7% → 252.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 4.61m NOK → 1.75m NOK (-62.1% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (4.61m NOK → 1.75m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Payroll increased

    Salary cost 883.3k NOK → 908.5k NOK (24% → 22% of revenue). Calculated