Org.nr 994 485 679 2021 → 2022 Year-over-year analysis

ADAPTA SALES AS: årsregnskap 2022 vs 2021

Grew 143% on revenue, stronger earnings

approved 2023-06-29; registry 2023-07-13; journal 2023 612960

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADAPTA SALES AS. Revenue 185.1k NOK → 448.9k NOK (+142.6%). Net result -120.6k NOK → -54.2k NOK. Equity 70.3k NOK → 16.1k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADAPTA SALES AS.

Scorecard

Revenue
185.1k NOK 448.9k NOK
+142.6%
Operating result
-154.6k NOK -69.5k NOK
+55.0%
Net result
-120.6k NOK -54.2k NOK
+55.1%
Equity
70.3k NOK 16.1k NOK
-77.1%
Cash
5 783 NOK 6 406 NOK
+10.8%
Total assets
82.0k NOK 62.3k NOK
-24.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 185.1k NOK to 448.9k NOK (+142.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -154.6k NOK → -69.5k NOK (op. margin -83.5% → -15.5%). Calculated

  • ↑

    Net result improved

    Net result -120.6k NOK → -54.2k NOK (net margin -65.2% → -12.1%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 70.3k NOK → 16.1k NOK (equity ratio 85.7% → 25.8%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 4.00× → 0.28× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 106.2k NOK → 36.7k NOK (-65.4% YoY). Calculated