Org.nr 991 977 651 2024 → 2025 Year-over-year analysis

ADD ENERGY GROUP AS: årsregnskap 2025 vs 2024

Grew 65% on revenue, stronger earnings

approved 2026-06-17; registry 2026-07-25; journal 2026 628398

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for ADD ENERGY GROUP AS. Revenue 11.75m NOK → 19.36m NOK (+64.8%). Net result -18.89m NOK → -8.72m NOK. Equity 20.41m NOK → 11.36m NOK.

On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened; equity eroded.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ADD ENERGY GROUP AS.

Scorecard

Revenue
11.75m NOK 19.36m NOK
+64.8%
Operating result
-2.26m NOK -6.51m NOK
-188.1%
Net result
-18.89m NOK -8.72m NOK
+53.9%
Equity
20.41m NOK 11.36m NOK
-44.3%
Cash
14.0k NOK 2.12m NOK
+15124.5%
Total assets
92.49m NOK 82.15m NOK
-11.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 11.75m NOK to 19.36m NOK (+64.8% YoY). Calculated

  • ↑

    Net result improved

    Net result -18.89m NOK → -8.72m NOK (net margin -160.8% → -45.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 14.0k NOK → 2.12m NOK (+15124.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -2.26m NOK → -6.51m NOK (op. margin -19.2% → -33.6%). Calculated

  • ↓

    Equity eroded

    Book equity 20.41m NOK → 11.36m NOK (equity ratio 22.1% → 13.8%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 10.79m NOK → 18.09m NOK (+67.7% YoY). Calculated