Org.nr 927 346 214 2023 → 2024 Year-over-year analysis

ADDWIZE AS: årsregnskap 2024 vs 2023

Shrank 61% on revenue, stronger earnings

approved 2025-05-16; registry 2025-05-21; journal 2025 450512

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADDWIZE AS. Revenue 4.70m NOK → 1.84m NOK (-60.9%). Net result -357.5k NOK → -70.2k NOK. Equity 332.6k NOK → 262.4k NOK.

On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADDWIZE AS.

Scorecard

Revenue
4.70m NOK 1.84m NOK
-60.9%
Operating result
-357.8k NOK -66.7k NOK
+81.4%
Net result
-357.5k NOK -70.2k NOK
+80.4%
Equity
332.6k NOK 262.4k NOK
-21.1%
Cash
259.4k NOK 184.3k NOK
-28.9%
Total assets
896.5k NOK 589.1k NOK
-34.3%

What improved

  • ↑

    Operating result improved

    Operating result -357.8k NOK → -66.7k NOK (op. margin -7.6% → -3.6%). Calculated

  • ↑

    Net result improved

    Net result -357.5k NOK → -70.2k NOK (net margin -7.6% → -3.8%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.24m NOK → 1.36m NOK (69% → 74% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.70m NOK to 1.84m NOK (-60.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 332.6k NOK → 262.4k NOK (equity ratio 37.1% → 44.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 259.4k NOK → 184.3k NOK (-28.9% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 928.7k NOK → 118.2k NOK (-87.3% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 6 → 1. Reported fact