Org.nr 980 119 548 2021 → 2022 Year-over-year analysis

ADDEND AS: årsregnskap 2022 vs 2021

Shrank 83% on revenue, returned to profit

approved 2023-09-29; registry 2023-10-02; journal 2023 732550

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADDEND AS. Revenue 378.0k NOK → 63.0k NOK (-83.3%). Net result -1.96m NOK → +1.78m NOK. Equity 3.53m NOK → 2.31m NOK.

On the constructive side: turned profitable; cash rose. Pressures included: revenue fell; operating result weakened; equity eroded.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
378.0k NOK 63.0k NOK
-83.3%
Operating result
-23.5k NOK -45.8k NOK
-94.8%
Net result
-1.96m NOK +1.78m NOK
+190.9%
Equity
3.53m NOK 2.31m NOK
-34.6%
Cash
115.8k NOK 999.8k NOK
+763.2%
Total assets
2.10m NOK 2.55m NOK
+21.6%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.96m NOK to a profit of 1.78m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 115.8k NOK → 999.8k NOK (+763.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 378.0k NOK to 63.0k NOK (-83.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -23.5k NOK → -45.8k NOK (op. margin -6.2% → -72.7%). Calculated

  • ↓

    Equity eroded

    Book equity 3.53m NOK → 2.31m NOK (equity ratio 168.6% → 90.7%). Calculated