ADVITECH AS: årsregnskap 2022 vs 2021
Shrank 67% on revenue, weaker earnings, fresh owner capital
approved 2023-07-23; registry 2023-07-25; journal 2023 648920
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADVITECH AS. Revenue 666.2k NOK → 221.6k NOK (-66.7%). Net result +22.7k NOK → +6 593 NOK. Equity 47.1k NOK → 53.7k NOK.
On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVITECH AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 47.1k NOK → 53.7k NOK (equity ratio 9.9% → 11.4%). Calculated
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↑
Cash rose
Bank deposits 440.4k NOK → 442.6k NOK (+0.5% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 24.4k NOK → 30.0k NOK (+5 570 NOK). Reported fact
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↑
Payroll decreased
Salary cost 4.60m NOK → 3 NOK (690% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 666.2k NOK to 221.6k NOK (-66.7% YoY). Calculated
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↓
Operating result weakened
Operating result +29.1k NOK → +5 401 NOK (op. margin 4.4% → 2.4%). Calculated
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↓
Net result weakened
Net result +22.7k NOK → +6 593 NOK (net margin 3.4% → 3.0%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 0 NOK → 8 000 NOK. Reported fact
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·
Headcount (årsverk) changed
Reported FTEs 0 → 1. Reported fact