Org.nr 927 167 778 2020 → 2021 Year-over-year analysis

ADAPTIC TECHNOLOGY AS: årsregnskap 2021 vs 2020

Grew 3666% on revenue, slipped into loss

approved 2022-06-27; registry 2022-07-12; journal 2022 641872

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ADAPTIC TECHNOLOGY AS. Revenue 292 NOK → 11.0k NOK (+3665.8%). Net result 0 NOK → -5.25m NOK. Equity 0 NOK → -2 399 NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

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

Scorecard

Revenue
292 NOK 11.0k NOK
+3665.8%
Operating result
+502 NOK -5 409 NOK
-1177.5%
Net result
0 NOK -5.25m NOK
—
Equity
0 NOK -2 399 NOK
—
Cash
n/m 635 NOK
—
Total assets
n/m 5.74m NOK
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 292 NOK to 11.0k NOK (+3665.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +502 NOK → -5 409 NOK (op. margin 171.9% → -49.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 0 NOK profit to a loss of 5.25m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 0 NOK → -2 399 NOK. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation