ADAPTEO AS: årsregnskap 2022 vs 2021
Grew 16% on revenue, slipped into loss
approved 2023-06-30; registry 2023-09-16; journal 2023 727733
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADAPTEO AS. Revenue 88.95m NOK → 103.09m NOK (+15.9%). Net result 0 NOK → -48.10m NOK. Equity 43.67m NOK → 14.06m NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for ADAPTEO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 88.95m NOK to 103.09m NOK (+15.9% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.29× → 1.00×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -21.57m NOK → -23.31m NOK (op. margin -24.2% → -22.6%). Calculated
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↓
Fell into a net loss
Net result flipped from 0 NOK profit to a loss of 48.10m NOK. Calculated
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↓
Equity eroded
Book equity 43.67m NOK → 14.06m NOK (equity ratio 8.4% → 2.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Paid-in equity reduced
Paid-in equity fell 78.66m NOK → 60.03m NOK — check capital reduction, conversion, or reclassification. Interpretation
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COGS fell
COGS / varekostnad 106.66m NOK → 27.29m NOK (-74.4% YoY). Calculated
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Book investments changed
Investment / intangible book value 25.02m NOK → 3.92m NOK. Reported fact