ADD ON FITNESS INTERNATIONAL AS: årsregnskap 2024 vs 2023
Shrank 45% on revenue, weaker earnings
approved 2025-02-24; registry 2025-02-26; journal 2025 317186
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADD ON FITNESS INTERNATIONAL AS. Revenue 689.8k NOK → 376.4k NOK (-45.4%). Net result +194.9k NOK → +131.5k NOK. Equity 700.5k NOK → 832.1k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 700.5k NOK → 832.1k NOK (equity ratio 76.5% → 84.2%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 689.8k NOK to 376.4k NOK (-45.4% YoY). Calculated
-
↓
Operating result weakened
Operating result +100.4k NOK → -36.4k NOK (op. margin 14.5% → -9.7%). Calculated
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↓
Net result weakened
Net result +194.9k NOK → +131.5k NOK (net margin 28.3% → 35.0%). Calculated
-
↓
Cash fell
Bank deposits 122.0k NOK → 70.2k NOK (-42.5% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 232.8k NOK → 2.16m NOK (34% → 573% of revenue). Calculated