Org.nr 995 087 219 2022 → 2023 Year-over-year analysis

ADAPTI SOLUTIONS AS: årsregnskap 2023 vs 2022

Weaker earnings

approved 2024-06-04; registry 2024-06-08; journal 2024 492112

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADAPTI SOLUTIONS AS. Revenue 680.9k NOK → 680.9k NOK (0.0%). Net result -645.5k NOK → -1.18m NOK. Equity -696.2k NOK → -1.88m NOK.

On the constructive side: payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.

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

Scorecard

Revenue
680.9k NOK 680.9k NOK
0.0%
Operating result
-645.4k NOK -1.18m NOK
-83.5%
Net result
-645.5k NOK -1.18m NOK
-83.5%
Equity
-696.2k NOK -1.88m NOK
-170.1%
Cash
60.0k NOK 52.0k NOK
-13.3%
Total assets
837.9k NOK 148.5k NOK
-82.3%

What improved

  • ↑

    Payroll decreased

    Salary cost 1.21m NOK → 1.11m NOK (177% → 162% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -645.4k NOK → -1.18m NOK (op. margin -94.8% → -174.0%). Calculated

  • ↓

    Net result weakened

    Net result -645.5k NOK → -1.18m NOK (net margin -94.8% → -174.0%). Calculated

  • ↓

    Equity eroded

    Book equity -696.2k NOK → -1.88m NOK (equity ratio -83.1% → -1266.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 60.0k NOK → 52.0k NOK (-13.3% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.57× → 0.07× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -1266.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 157.6k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation