FirmaIQ
Org.nr 920 888 046 2020 → 2021 Year-over-year analysis

ADDIX AS: årsregnskap 2021 vs 2020

Shrank 52% on revenue, weaker earnings

approved 2022-07-12; registry 2022-07-14; journal 2022 708438

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ADDIX AS. Revenue 530.4k NOK → 256.8k NOK (-51.6%). Net result +153.1k NOK → +118.1k NOK. Equity 12.63m NOK → 596.0k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
530.4k NOK 256.8k NOK
-51.6%
Operating result
+198.7k NOK +151.2k NOK
-23.9%
Net result
+153.1k NOK +118.1k NOK
-22.8%
Equity
12.63m NOK 596.0k NOK
-95.3%
Cash
833.3k NOK 774.7k NOK
-7.0%
Total assets
833.3k NOK 774.7k NOK
-7.0%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 530.4k NOK to 256.8k NOK (-51.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +198.7k NOK → +151.2k NOK (op. margin 37.5% → 58.9%). Calculated

  • ↓

    Net result weakened

    Net result +153.1k NOK → +118.1k NOK (net margin 28.9% → 46.0%). Calculated

  • ↓

    Equity eroded

    Book equity 12.63m NOK → 596.0k NOK (equity ratio 1515.5% → 76.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 833.3k NOK → 774.7k NOK (-7.0% YoY). Calculated