Org.nr 930 481 599 2021 → 2022 Year-over-year analysis

ADDBRAND NORWAY AS: årsregnskap 2022 vs 2021

Weaker earnings

approved 2023-03-31; registry 2023-05-06; journal 2023 373043

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADDBRAND NORWAY AS. Revenue 36.72m NOK → 37.68m NOK (+2.6%). Net result +404.5k NOK → +22.4k NOK. Equity 5.28m NOK → 6.30m NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
36.72m NOK 37.68m NOK
+2.6%
Operating result
+598.3k NOK +336.9k NOK
-43.7%
Net result
+404.5k NOK +22.4k NOK
-94.5%
Equity
5.28m NOK 6.30m NOK
+19.4%
Cash
3.74m NOK 4.67m NOK
+25.0%
Total assets
14.35m NOK 15.52m NOK
+8.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 36.72m NOK to 37.68m NOK (+2.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 5.28m NOK → 6.30m NOK (equity ratio 36.8% → 40.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.74m NOK → 4.67m NOK (+25.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +598.3k NOK → +336.9k NOK (op. margin 1.6% → 0.9%). Calculated

  • ↓

    Net result weakened

    Net result +404.5k NOK → +22.4k NOK (net margin 1.1% → 0.1%). Calculated