Org.nr 923 803 831 2022 → 2023 Year-over-year analysis

ADDICT AS: årsregnskap 2023 vs 2022

Shrank 100% on revenue, cash halved-plus

approved 2024-07-12; registry 2024-07-16; journal 2024 643866

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADDICT AS. Revenue 4 016 NOK → 0 NOK (-100.0%). Net result -5 919 NOK → -2 163 NOK. Equity -574 NOK → -2 736 NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADDICT AS.

Scorecard

Revenue
4 016 NOK 0 NOK
-100.0%
Operating result
-5 691 NOK -2 163 NOK
+62.0%
Net result
-5 919 NOK -2 163 NOK
+63.5%
Equity
-574 NOK -2 736 NOK
-376.7%
Cash
1 039 NOK 219 NOK
-78.9%
Total assets
1 039 NOK 219 NOK
-78.9%

What improved

  • ↑

    Operating result improved

    Operating result -5 691 NOK → -2 163 NOK. Calculated

  • ↑

    Net result improved

    Net result -5 919 NOK → -2 163 NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4 016 NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -574 NOK → -2 736 NOK (equity ratio -55.2% → -1249.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -1249.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation