FirmaIQ
Org.nr 916 925 506 2021 → 2022 Year-over-year analysis

ADD-ON AS: årsregnskap 2022 vs 2021

Grew 49% on revenue, stronger earnings

approved 2023-04-19; registry 2023-05-06; journal 2023 369335

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for ADD-ON AS. Revenue 9.93m NOK → 14.84m NOK (+49.5%). Net result +284.9k NOK → +873.2k NOK. Equity 1.43m NOK → 2.30m NOK.

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

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

At a glance

Scorecard

Revenue
9.93m NOK 14.84m NOK
+49.5%
Operating result
+635.7k NOK +127.8k NOK
-79.9%
Net result
+284.9k NOK +873.2k NOK
+206.4%
Equity
1.43m NOK 2.30m NOK
+61.1%
Cash
1.43m NOK 1.00m NOK
-29.9%
Total assets
5.50m NOK 5.50m NOK
-0.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9.93m NOK to 14.84m NOK (+49.5% YoY). Calculated

  • ↑

    Net result improved

    Net result +284.9k NOK → +873.2k NOK (net margin 2.9% → 5.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.43m NOK → 2.30m NOK (equity ratio 26.0% → 41.9%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +635.7k NOK → +127.8k NOK (op. margin 6.4% → 0.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.43m NOK → 1.00m NOK (-29.9% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 6.73m NOK → 11.29m NOK (+67.9% YoY). Calculated