ADDSECURE AS: årsregnskap 2024 vs 2023
Grew 9% on revenue, cash halved-plus
approved 2025-05-23; registry 2025-06-16; journal 2025 520413
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for ADDSECURE AS. Revenue 244.15m NOK → 266.11m NOK (+9.0%). Net result +7.12bn NOK → +7.12bn NOK. Equity 7.38bn NOK → 7.50bn NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; cash fell.
Also worth watching: sharp cash drawdown; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADDSECURE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 244.15m NOK to 266.11m NOK (+9.0% YoY). Calculated
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↑
Equity strengthened
Book equity 7.38bn NOK → 7.50bn NOK (equity ratio 1182.0% → 1012.1%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +115.86m NOK → +115.32m NOK (op. margin 47.5% → 43.3%). Calculated
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↓
Cash fell
Bank deposits 264.73m NOK → 2.49m NOK (-99.1% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (264.73m NOK → 2.49m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS moved
COGS / varekostnad 54.76m NOK → 67.67m NOK (+23.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 314.44m NOK → 323.50m NOK. Reported fact