ADD ENERGY GROUP AS: årsregnskap 2023 vs 2022
Grew 57% on revenue, returned to profit
approved 2024-06-28; registry 2024-07-10; journal 2024 610559
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADD ENERGY GROUP AS. Revenue 6.73m NOK → 10.55m NOK (+56.8%). Net result -8.91m NOK → +9.21m NOK. Equity 34.33m NOK → 60.16m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: cogs moved; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADD ENERGY GROUP AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 6.73m NOK to 10.55m NOK (+56.8% YoY). Calculated
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Operating result improved
Operating result -8.39m NOK → -4.72m NOK (op. margin -124.8% → -44.7%). Calculated
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Turned profitable
Net result flipped from a loss of 8.91m NOK to a profit of 9.21m NOK. Calculated
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Equity strengthened
Book equity 34.33m NOK → 60.16m NOK (equity ratio 31.8% → 51.8%). Calculated
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Cash rose
Bank deposits 2 425 NOK → 649.1k NOK (+26666.6% YoY). Calculated
Things to notice
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COGS moved
COGS / varekostnad 201.3k NOK → 11.03m NOK (+5380.1% YoY). Calculated
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Book investments changed
Investment / intangible book value 67.85m NOK → 6 NOK. Reported fact
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Headcount (årsverk) changed
Reported FTEs 3 → 1. Reported fact