Org.nr 919 184 558 2023 → 2024 Year-over-year analysis

ADDITION AS: årsregnskap 2024 vs 2023

Shrank 9% on revenue, stronger earnings

approved 2025-03-25; registry 2025-03-27; journal 2025 350699

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADDITION AS. Revenue 1.33m NOK → 1.22m NOK (-8.8%). Net result +26.2k NOK → +919.9k NOK. Equity 3.41m NOK → 4.33m NOK.

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

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

Scorecard

Revenue
1.33m NOK 1.22m NOK
-8.8%
Operating result
+230.9k NOK +1.16m NOK
+404.3%
Net result
+26.2k NOK +919.9k NOK
+3410.1%
Equity
3.41m NOK 4.33m NOK
+27.0%
Cash
142.1k NOK 703.6k NOK
+395.2%
Total assets
7.83m NOK 8.64m NOK
+10.4%

What improved

  • ↑

    Operating result improved

    Operating result +230.9k NOK → +1.16m NOK (op. margin 17.3% → 95.7%). Calculated

  • ↑

    Net result improved

    Net result +26.2k NOK → +919.9k NOK (net margin 2.0% → 75.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.41m NOK → 4.33m NOK (equity ratio 43.6% → 50.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 142.1k NOK → 703.6k NOK (+395.2% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 21.0k NOK → 8 494 NOK (2% → 1% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.33m NOK to 1.22m NOK (-8.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 4.54m NOK → 4.79m NOK. Reported fact