Org.nr 994 469 800 2021 → 2022 Year-over-year analysis

ADAPTA AVIATION AS: årsregnskap 2022 vs 2021

Stronger earnings, cash halved-plus

approved 2023-06-29; registry 2023-07-13; journal 2023 612971

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADAPTA AVIATION AS. Net result -399.4k NOK → -26.3k NOK. Equity -1.56m NOK → -1.58m NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADAPTA AVIATION AS.

Scorecard

Operating result
-512.1k NOK -33.7k NOK
+93.4%
Net result
-399.4k NOK -26.3k NOK
+93.4%
Equity
-1.56m NOK -1.58m NOK
-1.7%
Cash
64.4k NOK 63 NOK
-99.9%
Total assets
607.2k NOK 580.9k NOK
-4.3%

What improved

  • ↑

    Operating result improved

    Operating result -512.1k NOK → -33.7k NOK. Calculated

  • ↑

    Net result improved

    Net result -399.4k NOK → -26.3k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -1.56m NOK → -1.58m NOK (equity ratio -256.5% → -272.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 64.4k NOK → 63 NOK (-99.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -272.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation