ADAPTED TECHNOLOGIES AS: årsregnskap 2023 vs 2022
Weaker earnings, cash halved-plus
approved 2024-08-27; registry 2024-08-29; journal 2024 738942
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADAPTED TECHNOLOGIES AS. Net result -13.7k NOK → -126.5k NOK. Equity -74.2k NOK → -200.7k NOK.
On the constructive side: current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADAPTED TECHNOLOGIES AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.27× → 134.37×. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -13.7k NOK → -126.5k NOK. Calculated
-
↓
Net result weakened
Net result -13.7k NOK → -126.5k NOK. Calculated
-
↓
Equity eroded
Book equity -74.2k NOK → -200.7k NOK (equity ratio -8.2% → -11.9%). Calculated
-
↓
Cash fell
Bank deposits 484 NOK → -13.3k NOK (-2837.8% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -11.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 60.0k NOK → 966.5k NOK. Reported fact