Org.nr 993 278 416 2023 → 2024 Year-over-year analysis

ADD MEDIA AS: årsregnskap 2024 vs 2023

Shrank 17% on revenue, weaker earnings

approved 2025-06-17; registry 2025-06-24; journal 2025 569653

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADD MEDIA AS. Revenue 849.5k NOK → 708.2k NOK (-16.6%). Net result +872.9k NOK → +254.7k NOK. Equity 6.12m NOK → 6.38m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADD MEDIA AS.

Scorecard

Revenue
849.5k NOK 708.2k NOK
-16.6%
Operating result
-163.9k NOK -659.7k NOK
-302.4%
Net result
+872.9k NOK +254.7k NOK
-70.8%
Equity
6.12m NOK 6.38m NOK
+4.2%
Cash
212.0k NOK 153.1k NOK
-27.8%
Total assets
6.43m NOK 6.61m NOK
+2.8%

What improved

  • ↑

    Equity strengthened

    Book equity 6.12m NOK → 6.38m NOK (equity ratio 95.2% → 96.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 849.5k NOK to 708.2k NOK (-16.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -163.9k NOK → -659.7k NOK (op. margin -19.3% → -93.2%). Calculated

  • ↓

    Net result weakened

    Net result +872.9k NOK → +254.7k NOK (net margin 102.7% → 36.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 212.0k NOK → 153.1k NOK (-27.8% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 392.6k NOK → 2.84m NOK (46% → 401% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 529.7k NOK → 424.7k NOK (-19.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 461.2k NOK → 1.46m NOK. Reported fact