FirmaIQ
Org.nr 916 925 506 2023 → 2024 Year-over-year analysis

ADD-ON AS: årsregnskap 2024 vs 2023

Shrank 9% on revenue, stronger earnings, cash halved-plus

approved 2025-05-23; registry 2025-06-11; journal 2025 491178

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for ADD-ON AS. Revenue 9.46m NOK → 8.63m NOK (-8.7%). Net result +298.7k NOK → +817.6k NOK. Equity 2.60m NOK → 3.42m NOK.

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

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

At a glance

Scorecard

Revenue
9.46m NOK 8.63m NOK
-8.7%
Operating result
+392.3k NOK +111.9k NOK
-71.5%
Net result
+298.7k NOK +817.6k NOK
+173.7%
Equity
2.60m NOK 3.42m NOK
+31.4%
Cash
942.8k NOK 380.1k NOK
-59.7%
Total assets
4.22m NOK 7.27m NOK
+72.2%

What improved

  • ↑

    Net result improved

    Net result +298.7k NOK → +817.6k NOK (net margin 3.2% → 9.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.60m NOK → 3.42m NOK (equity ratio 61.6% → 47.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9.46m NOK to 8.63m NOK (-8.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +392.3k NOK → +111.9k NOK (op. margin 4.1% → 1.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 942.8k NOK → 380.1k NOK (-59.7% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 6.30m NOK → 4.92m NOK (-21.9% YoY). Calculated