ADVISUM AS: årsregnskap 2023 vs 2022
Shrank 8% on revenue, returned to profit
approved 2024-09-10; registry 2024-09-18; journal 2024 747760
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADVISUM AS. Revenue 4.00m NOK → 3.66m NOK (-8.5%). Net result -278.0k NOK → +707.5k NOK. Equity 3.51m NOK → 4.92m NOK.
On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADVISUM AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 278.0k NOK to a profit of 707.5k NOK. Calculated
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↑
Equity strengthened
Book equity 3.51m NOK → 4.92m NOK (equity ratio 54.3% → 68.0%). Calculated
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↑
Cash rose
Bank deposits 463.0k NOK → 686.2k NOK (+48.2% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.00m NOK to 3.66m NOK (-8.5% YoY). Calculated
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↓
Operating result weakened
Operating result +2.34m NOK → +2.24m NOK (op. margin 58.5% → 61.3%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.02× → 0.67× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
Payroll up without matching revenue
Salary cost 862.4k NOK → 877.6k NOK (22% → 24% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 2.79m NOK → 5.71m NOK. Reported fact