Org.nr 921 688 296 2023 → 2024 Year-over-year analysis

ADDITECH AS: årsregnskap 2024 vs 2023

Grew 50% on revenue, stronger earnings

approved 2025-05-13; registry 2025-06-02; journal 2025 443277

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADDITECH AS. Revenue 11.84m NOK → 17.78m NOK (+50.2%). Net result -3.17m NOK → -682.5k NOK. Equity 3.46m NOK → 2.78m NOK.

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

Also worth watching: paid-in equity reduced; payroll increased; cogs fell. All figures are taken from the published annual accounts for ADDITECH AS.

Scorecard

Revenue
11.84m NOK 17.78m NOK
+50.2%
Operating result
-3.37m NOK -501.1k NOK
+85.1%
Net result
-3.17m NOK -682.5k NOK
+78.5%
Equity
3.46m NOK 2.78m NOK
-19.7%
Cash
1.81m NOK 2.95m NOK
+62.5%
Total assets
15.12m NOK 14.42m NOK
-4.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 11.84m NOK to 17.78m NOK (+50.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -3.37m NOK → -501.1k NOK (op. margin -28.5% → -2.8%). Calculated

  • ↑

    Net result improved

    Net result -3.17m NOK → -682.5k NOK (net margin -26.8% → -3.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.81m NOK → 2.95m NOK (+62.5% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 3.46m NOK → 2.78m NOK (equity ratio 22.9% → 19.2%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 3.46m NOK → 2.78m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 6.07m NOK → 6.75m NOK (51% → 38% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 816.2k NOK → 42.6k NOK (-94.8% YoY). Calculated