Org.nr 925 401 846 2021 → 2022 Year-over-year analysis

ADDXO AS: årsregnskap 2022 vs 2021

Grew 36% on revenue, stronger earnings

approved 2023-03-24; registry 2023-05-15; journal 2023 380448

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADDXO AS. Revenue 22.32m NOK → 30.43m NOK (+36.3%). Net result +539.5k NOK → +1.53m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADDXO AS.

Scorecard

Revenue
22.32m NOK 30.43m NOK
+36.3%
Operating result
+703.9k NOK +956.4k NOK
+35.9%
Net result
+539.5k NOK +1.53m NOK
+183.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 22.32m NOK to 30.43m NOK (+36.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +703.9k NOK → +956.4k NOK (op. margin 3.2% → 3.1%). Calculated

  • ↑

    Net result improved

    Net result +539.5k NOK → +1.53m NOK (net margin 2.4% → 5.0%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 17.08m NOK → 22.56m NOK (77% → 74% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 139.0k NOK → 43.7k NOK (-68.6% YoY). Calculated