ADVITECH AS: årsregnskap 2024 vs 2023
Shrank 15% on revenue
approved 2025-04-07; registry 2025-04-09; journal 2025 370638
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADVITECH AS. Revenue 2.92m NOK → 2.49m NOK (-14.7%). Net result +111.5k NOK → +114.4k NOK. Equity 145.2k NOK → 31.5k NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVITECH AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 2.92m NOK to 2.49m NOK (-14.7% YoY). Calculated
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↓
Operating result weakened
Operating result +146.3k NOK → +144.9k NOK (op. margin 5.0% → 5.8%). Calculated
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↓
Equity eroded
Book equity 145.2k NOK → 31.5k NOK (equity ratio 17.4% → 4.2%). Calculated
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↓
Cash fell
Bank deposits 726.5k NOK → 550.6k NOK (-24.2% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 4.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation