Org.nr 919 107 006 2023 → 2024 Year-over-year analysis

ADAPTED AS: årsregnskap 2024 vs 2023

Shrank 16% on revenue, stronger earnings

approved 2025-04-23; registry 2025-04-26; journal 2025 388483

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ADAPTED AS. Revenue 186.0k NOK → 156.2k NOK (-16.0%). Net result -115.9k NOK → -35.1k NOK. Equity -67.4k NOK → -102.4k NOK.

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

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADAPTED AS.

Scorecard

Revenue
186.0k NOK 156.2k NOK
-16.0%
Operating result
-116.1k NOK -21.2k NOK
+81.7%
Net result
-115.9k NOK -35.1k NOK
+69.8%
Equity
-67.4k NOK -102.4k NOK
-52.1%
Cash
252.1k NOK 262.8k NOK
+4.3%
Total assets
296.8k NOK 292.8k NOK
-1.3%

What improved

  • ↑

    Operating result improved

    Operating result -116.1k NOK → -21.2k NOK (op. margin -62.4% → -13.6%). Calculated

  • ↑

    Net result improved

    Net result -115.9k NOK → -35.1k NOK (net margin -62.3% → -22.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 252.1k NOK → 262.8k NOK (+4.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 186.0k NOK to 156.2k NOK (-16.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -67.4k NOK → -102.4k NOK (equity ratio -22.7% → -35.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -35.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 44.7k NOK → 30.0k NOK. Reported fact