ADAPTED AS: årsregnskap 2023 vs 2022
Shrank 79% on revenue, stronger earnings
approved 2024-05-14; registry 2024-05-15; journal 2024 416266
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADAPTED AS. Revenue 905.1k NOK → 186.0k NOK (-79.5%). Net result -690.1k NOK → -115.9k NOK. Equity 48.6k NOK → -67.4k NOK.
On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; headcount (årsverk) changed. All figures are taken from the published annual accounts for ADAPTED AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -691.1k NOK → -116.1k NOK (op. margin -76.4% → -62.4%). Calculated
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Net result improved
Net result -690.1k NOK → -115.9k NOK (net margin -76.2% → -62.3%). Calculated
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Payroll decreased
Salary cost 3.64m NOK → 3 NOK (402% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 905.1k NOK to 186.0k NOK (-79.5% YoY). Calculated
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↓
Equity eroded
Book equity 48.6k NOK → -67.4k NOK (equity ratio 13.9% → -22.7%). Calculated
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↓
Cash fell
Bank deposits 271.1k NOK → 252.1k NOK (-7.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -22.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Headcount (årsverk) changed
Reported FTEs 2 → 0. Reported fact