Org.nr 995 454 432 2022 → 2023 Year-over-year analysis

ADAPTIV ARKITEKTUR AS: årsregnskap 2023 vs 2022

Shrank 13% on revenue, stronger earnings

approved 2024-07-03; registry 2024-07-06; journal 2024 609972

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADAPTIV ARKITEKTUR AS. Revenue 1.58m NOK → 1.38m NOK (-13.0%). Net result -289.7k NOK → -53.6k NOK. Equity -932.1k NOK → -985.7k NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ADAPTIV ARKITEKTUR AS.

Scorecard

Revenue
1.58m NOK 1.38m NOK
-13.0%
Operating result
-247.5k NOK -22.9k NOK
+90.7%
Net result
-289.7k NOK -53.6k NOK
+81.5%
Equity
-932.1k NOK -985.7k NOK
-5.8%
Cash
43.2k NOK 47.1k NOK
+9.0%
Total assets
220.4k NOK 183.2k NOK
-16.9%

What improved

  • ↑

    Operating result improved

    Operating result -247.5k NOK → -22.9k NOK (op. margin -15.6% → -1.7%). Calculated

  • ↑

    Net result improved

    Net result -289.7k NOK → -53.6k NOK (net margin -18.3% → -3.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 43.2k NOK → 47.1k NOK (+9.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.58m NOK to 1.38m NOK (-13.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -932.1k NOK → -985.7k NOK (equity ratio -422.9% → -537.9%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.26× → 0.14× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -537.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 92.9k NOK → 24.1k NOK (-74.1% YoY). Calculated