ADDOVATION AS: årsregnskap 2024 vs 2023
Grew 51% on revenue, stronger earnings, fresh owner capital
approved 2025-06-25; registry 2025-08-06; journal 2025 642477
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADDOVATION AS. Revenue 88.29m NOK → 133.08m NOK (+50.7%). Net result +8.59m NOK → +17.35m NOK. Equity 34.27m NOK → 45.61m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ADDOVATION AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 88.29m NOK to 133.08m NOK (+50.7% YoY). Calculated
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Operating result improved
Operating result +8.09m NOK → +17.85m NOK (op. margin 9.2% → 13.4%). Calculated
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Net result improved
Net result +8.59m NOK → +17.35m NOK (net margin 9.7% → 13.0%). Calculated
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Equity strengthened
Book equity 34.27m NOK → 45.61m NOK (equity ratio 46.1% → 53.1%). Calculated
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Cash rose
Bank deposits 34.15m NOK → 47.64m NOK (+39.5% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 39.00m NOK → 47.62m NOK (44% → 36% of revenue). Calculated
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COGS moved
COGS / varekostnad 16.53m NOK → 39.55m NOK (+139.3% YoY). Calculated