Org.nr 979 994 877 2022 → 2023 Year-over-year analysis

ADDENDA CONSULT AS: årsregnskap 2023 vs 2022

Grew 21% on revenue, returned to profit

approved 2024-04-26; registry 2024-05-07; journal 2024 399870

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADDENDA CONSULT AS. Revenue 1.93m NOK → 2.34m NOK (+21.2%). Net result -231.5k NOK → +334.2k NOK. Equity 3.18m NOK → 3.51m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADDENDA CONSULT AS.

Scorecard

Revenue
1.93m NOK 2.34m NOK
+21.2%
Operating result
-343.2k NOK +373.4k NOK
+208.8%
Net result
-231.5k NOK +334.2k NOK
+244.4%
Equity
3.18m NOK 3.51m NOK
+10.5%
Cash
2.78m NOK 1.93m NOK
-30.5%
Total assets
4.03m NOK 4.72m NOK
+17.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.93m NOK to 2.34m NOK (+21.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -343.2k NOK → +373.4k NOK (op. margin -17.8% → 16.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 231.5k NOK to a profit of 334.2k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 3.18m NOK → 3.51m NOK (equity ratio 78.8% → 74.5%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 2.78m NOK → 1.93m NOK (-30.5% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 787 NOK → 787.0k NOK. Reported fact