ADAPTIVA AS: årsregnskap 2023 vs 2022
Shrank 59% on revenue, slipped into loss, cash halved-plus
approved 2024-06-30; registry 2024-07-25; journal 2024 674919
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ADAPTIVA AS. Revenue 10.89m NOK → 4.41m NOK (-59.5%). Net result +507.1k NOK → -1.58m NOK. Equity 2.13m NOK → 5.54m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: sharp cash drawdown; cogs fell; book investments changed. All figures are taken from the published annual accounts for ADAPTIVA AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 2.13m NOK → 5.54m NOK (equity ratio 37.1% → 156.7%). Calculated
-
↑
Payroll decreased
Salary cost 7.06m NOK → 4.12m NOK (65% → 93% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 10.89m NOK to 4.41m NOK (-59.5% YoY). Calculated
-
↓
Operating result weakened
Operating result +632.1k NOK → -1.58m NOK (op. margin 5.8% → -35.8%). Calculated
-
↓
Fell into a net loss
Net result flipped from 507.1k NOK profit to a loss of 1.58m NOK. Calculated
-
↓
Cash fell
Bank deposits 1.28m NOK → 358.0k NOK (-72.0% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.35× → 0.21× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.28m NOK → 358.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
COGS fell
COGS / varekostnad 1.55m NOK → 908.8k NOK (-41.3% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 811.8k NOK → 2.88m NOK. Reported fact
-
·
Headcount (årsverk) changed
Reported FTEs 8 → 5. Reported fact