Org.nr 995 087 219 2021 → 2022 Year-over-year analysis

ADAPTI SOLUTIONS AS: årsregnskap 2022 vs 2021

Shrank 15% on revenue, weaker earnings

approved 2023-06-05; registry 2023-06-14; journal 2023 487070

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ADAPTI SOLUTIONS AS. Revenue 798.2k NOK → 680.9k NOK (-14.7%). Net result -142.0k NOK → -645.5k NOK. Equity -50.7k NOK → -696.2k NOK.

On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADAPTI SOLUTIONS AS.

Scorecard

Revenue
798.2k NOK 680.9k NOK
-14.7%
Operating result
-141.9k NOK -645.4k NOK
-354.8%
Net result
-142.0k NOK -645.5k NOK
-354.5%
Equity
-50.7k NOK -696.2k NOK
-1273.1%
Cash
75.5k NOK 60.0k NOK
-20.5%
Total assets
273.9k NOK 837.9k NOK
+205.9%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.84× → 1.57×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 798.2k NOK to 680.9k NOK (-14.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -141.9k NOK → -645.4k NOK (op. margin -17.8% → -94.8%). Calculated

  • ↓

    Net result weakened

    Net result -142.0k NOK → -645.5k NOK (net margin -17.8% → -94.8%). Calculated

  • ↓

    Equity eroded

    Book equity -50.7k NOK → -696.2k NOK (equity ratio -18.5% → -83.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 75.5k NOK → 60.0k NOK (-20.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -83.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation