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Org.nr 958 738 927 2022 → 2023 Year-over-year analysis

ADAPTI AS: årsregnskap 2023 vs 2022

Shrank 28% on revenue, slipped into loss, cash halved-plus

approved 2024-06-04; registry 2024-06-18; journal 2024 492087

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADAPTI AS. Revenue 29.84m NOK → 21.55m NOK (-27.8%). Net result +4.29m NOK → -3.08m NOK. Equity 3.81m NOK → 4.73m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

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

At a glance

Scorecard

Revenue
29.84m NOK 21.55m NOK
-27.8%
Operating result
+982.1k NOK -2.73m NOK
-378.2%
Net result
+4.29m NOK -3.08m NOK
-171.8%
Equity
3.81m NOK 4.73m NOK
+24.2%
Cash
678.5k NOK 306.6k NOK
-54.8%
Total assets
17.42m NOK 10.43m NOK
-40.1%

What improved

  • ↑

    Equity strengthened

    Book equity 3.81m NOK → 4.73m NOK (equity ratio 21.9% → 45.4%). Calculated

  • ↑

    Payroll decreased

    Salary cost 6.42m NOK → 6.23m NOK (22% → 29% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 29.84m NOK to 21.55m NOK (-27.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +982.1k NOK → -2.73m NOK (op. margin 3.3% → -12.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 4.29m NOK profit to a loss of 3.08m NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 678.5k NOK → 306.6k NOK (-54.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 18.65m NOK → 14.45m NOK (-22.5% YoY). Calculated