FirmaIQ
Org.nr 930 481 599 2022 → 2023 Year-over-year analysis

ADDBRAND NORWAY AS: årsregnskap 2023 vs 2022

Grew 17% on revenue, slipped into loss

approved 2024-04-05; registry 2024-04-30; journal 2024 358426

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADDBRAND NORWAY AS. Revenue 37.68m NOK → 44.22m NOK (+17.4%). Net result +22.4k NOK → -366.0k NOK. Equity 6.30m NOK → 5.94m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADDBRAND NORWAY AS.

At a glance

Scorecard

Revenue
37.68m NOK 44.22m NOK
+17.4%
Operating result
+336.9k NOK -52.8k NOK
-115.7%
Net result
+22.4k NOK -366.0k NOK
-1734.3%
Equity
6.30m NOK 5.94m NOK
-5.8%
Cash
4.67m NOK 5.42m NOK
+16.1%
Total assets
15.52m NOK 15.71m NOK
+1.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 37.68m NOK to 44.22m NOK (+17.4% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 4.67m NOK → 5.42m NOK (+16.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +336.9k NOK → -52.8k NOK (op. margin 0.9% → -0.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 22.4k NOK profit to a loss of 366.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 6.30m NOK → 5.94m NOK (equity ratio 40.6% → 37.8%). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 11 → 9. Reported fact