ADDITION AS: årsregnskap 2023 vs 2022
Shrank 68% on revenue, weaker earnings, cash halved-plus
approved 2024-03-15; registry 2024-03-18; journal 2024 331510
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADDITION AS. Revenue 4.15m NOK → 1.33m NOK (-67.9%). Net result +550.6k NOK → +26.2k NOK. Equity 2.38m NOK → 3.41m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADDITION AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 2.38m NOK → 3.41m NOK (equity ratio 28.0% → 43.6%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.15m NOK to 1.33m NOK (-67.9% YoY). Calculated
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↓
Operating result weakened
Operating result +537.9k NOK → +230.9k NOK (op. margin 12.9% → 17.3%). Calculated
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↓
Net result weakened
Net result +550.6k NOK → +26.2k NOK (net margin 13.3% → 2.0%). Calculated
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↓
Cash fell
Bank deposits 471.0k NOK → 142.1k NOK (-69.8% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 325.1k NOK → 4 104 NOK (-98.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1.87m NOK → 4.54m NOK. Reported fact
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·
Headcount (årsverk) changed
Reported FTEs 1 → 0. Reported fact