ADVISTA AS: årsregnskap 2023 vs 2022
Shrank 44% on revenue, stronger earnings
approved 2024-06-24; registry 2024-08-08; journal 2024 638375
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVISTA AS. Revenue 4.20m NOK → 2.35m NOK (-44.0%). Net result +10.61m NOK → +16.05m NOK. Equity 2.92m NOK → 2.97m NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVISTA AS.
At a glance
Scorecard
What improved
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Net result improved
Net result +10.61m NOK → +16.05m NOK (net margin 252.6% → 682.3%). Calculated
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Equity strengthened
Book equity 2.92m NOK → 2.97m NOK (equity ratio 19.4% → 9.9%). Calculated
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Cash rose
Bank deposits 1.75m NOK → 3.76m NOK (+114.9% YoY). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 4.20m NOK to 2.35m NOK (-44.0% YoY). Calculated
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Operating result weakened
Operating result +771.9k NOK → -7 460 NOK (op. margin 18.4% → -0.3%). Calculated
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Payroll up without matching revenue
Salary cost 908.5k NOK → 1.66m NOK (22% → 71% of revenue). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 9.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation