Org.nr 920 888 046 2021 → 2022 Year-over-year analysis

ADDIX AS: årsregnskap 2022 vs 2021

Shrank 29% on revenue, weaker earnings, fresh owner capital

approved 2023-07-14; registry 2023-07-17; journal 2023 622720

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADDIX AS. Revenue 256.8k NOK → 183.3k NOK (-28.6%). Net result +118.1k NOK → +10.4k NOK. Equity 596.0k NOK → 456.4k NOK.

On the constructive side: owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.

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

Scorecard

Revenue
256.8k NOK 183.3k NOK
-28.6%
Operating result
+151.2k NOK +18.3k NOK
-87.9%
Net result
+118.1k NOK +10.4k NOK
-91.2%
Equity
596.0k NOK 456.4k NOK
-23.4%
Cash
774.7k NOK 444.7k NOK
-42.6%
Total assets
774.7k NOK 459.7k NOK
-40.7%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 24.4k NOK → 30.0k NOK (+5 570 NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 256.8k NOK to 183.3k NOK (-28.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +151.2k NOK → +18.3k NOK (op. margin 58.9% → 10.0%). Calculated

  • ↓

    Net result weakened

    Net result +118.1k NOK → +10.4k NOK (net margin 46.0% → 5.7%). Calculated

  • ↓

    Equity eroded

    Book equity 596.0k NOK → 456.4k NOK (equity ratio 76.9% → 99.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 774.7k NOK → 444.7k NOK (-42.6% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 25.5k NOK → 0 NOK (-100.0% YoY). Calculated