Org.nr 826 159 782 2022 → 2023 Year-over-year analysis

ADDETTO EIENDOM AS: årsregnskap 2023 vs 2022

Shrank 93% on revenue, weaker earnings

approved 2024-06-30; registry 2024-08-08; journal 2024 698612

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADDETTO EIENDOM AS. Revenue 12.52m NOK → 923.6k NOK (-92.6%). Net result -24.7k NOK → -174.6k NOK. Equity 211.9k NOK → 215.8k NOK.

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

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ADDETTO EIENDOM AS.

Scorecard

Revenue
12.52m NOK 923.6k NOK
-92.6%
Operating result
+4 692 NOK -96.0k NOK
-2145.5%
Net result
-24.7k NOK -174.6k NOK
-605.7%
Equity
211.9k NOK 215.8k NOK
+1.8%
Cash
244.6k NOK 988.9k NOK
+304.3%
Total assets
520.8k NOK 2.77m NOK
+431.1%

What improved

  • ↑

    Equity strengthened

    Book equity 211.9k NOK → 215.8k NOK (equity ratio 40.7% → 7.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 244.6k NOK → 988.9k NOK (+304.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 12.52m NOK to 923.6k NOK (-92.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +4 692 NOK → -96.0k NOK (op. margin 0.0% → -10.4%). Calculated

  • ↓

    Net result weakened

    Net result -24.7k NOK → -174.6k NOK (net margin -0.2% → -18.9%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 7.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 11.47m NOK → 768.8k NOK (-93.3% YoY). Calculated