Org.nr 992 564 113 2024 → 2025 Year-over-year analysis

ADDOVATION AS: årsregnskap 2025 vs 2024

Shrank 98% on revenue, weaker earnings, fresh owner capital

approved 2026-05-06; registry 2026-08-08; journal 2026 689233

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for ADDOVATION AS. Revenue 133.08m NOK → 2.15m NOK (-98.4%). Net result +17.35m NOK → +6 000 NOK. Equity 45.61m NOK → 36.87m NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADDOVATION AS.

Scorecard

Revenue
133.08m NOK 2.15m NOK
-98.4%
Operating result
+17.85m NOK +426.0k NOK
-97.6%
Net result
+17.35m NOK +6 000 NOK
-100.0%
Equity
45.61m NOK 36.87m NOK
-19.2%
Cash
47.64m NOK n/m
—
Total assets
85.90m NOK 131.28m NOK
+52.8%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 1.59m NOK → 12.84m NOK (+11.25m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 133.08m NOK to 2.15m NOK (-98.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +17.85m NOK → +426.0k NOK (op. margin 13.4% → 19.8%). Calculated

  • ↓

    Net result weakened

    Net result +17.35m NOK → +6 000 NOK (net margin 13.0% → 0.3%). Calculated

  • ↓

    Equity eroded

    Book equity 45.61m NOK → 36.87m NOK (equity ratio 53.1% → 28.1%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 39.55m NOK → 38.81m NOK (-1.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 2.17m NOK → 18.41m NOK. Reported fact