Org.nr 920 888 046 2018 → 2019 Year-over-year analysis

ADDIX AS: årsregnskap 2019 vs 2018

Grew 1838% on revenue

approved 2020-06-02; registry 2020-06-04; journal 2020 430729

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ADDIX AS. Revenue 79.4k NOK → 1.54m NOK (+1838.3%). Equity 39.7k NOK → 12.62m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADDIX AS.

At a glance

Revenue

79.4k NOK 1.54m NOK

+1838.3%

Operating result

+19.6k NOK +746.3k NOK

+3701.4%

Net result

n/m +585.1k NOK

—

Equity

39.7k NOK 12.62m NOK

+31727.7%

Cash

36.8k NOK 668.3k NOK

+1716.2%

Total assets

36.8k NOK 1.02m NOK

+2666.7%

↑
Revenue rose

Operating income / revenue moved from 79.4k NOK to 1.54m NOK (+1838.3% YoY). Calculated
↑
Operating result improved

Operating result +19.6k NOK → +746.3k NOK (op. margin 24.7% → 48.5%). Calculated
↑
Equity strengthened

Book equity 39.7k NOK → 12.62m NOK (equity ratio 107.8% → 1240.1%). Calculated
↑
Cash rose

Bank deposits 36.8k NOK → 668.3k NOK (+1716.2% YoY). Calculated
↑
Current ratio back above 1×

Current ratio -12.82× → 2.59×. Calculated