Org.nr 988 440 655 2022 → 2023 Year-over-year analysis

AVECTOR AS: årsregnskap 2023 vs 2022

Shrank 94% on revenue, stronger earnings

approved 2024-06-28; registry 2024-07-01; journal 2024 580044

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AVECTOR AS. Revenue 700.8k NOK → 41.2k NOK (-94.1%). Net result +412.1k NOK → +576.1k NOK. Equity 12.84m NOK → 13.39m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for AVECTOR AS.

Scorecard

Revenue
700.8k NOK 41.2k NOK
-94.1%
Operating result
+580.7k NOK +817.1k NOK
+40.7%
Net result
+412.1k NOK +576.1k NOK
+39.8%
Equity
12.84m NOK 13.39m NOK
+4.3%
Cash
1.40m NOK 1.90m NOK
+35.9%
Total assets
15.31m NOK 15.81m NOK
+3.2%

What improved

  • ↑

    Operating result improved

    Operating result +580.7k NOK → +817.1k NOK (op. margin 82.9% → 1983.3%). Calculated

  • ↑

    Net result improved

    Net result +412.1k NOK → +576.1k NOK (net margin 58.8% → 1398.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 12.84m NOK → 13.39m NOK (equity ratio 83.8% → 84.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.40m NOK → 1.90m NOK (+35.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 700.8k NOK to 41.2k NOK (-94.1% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 0 NOK → 2.13m NOK (0% → 5175% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.05m NOK → 1.80m NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 0.3. Reported fact