Org.nr 991 347 275 2022 → 2023 Year-over-year analysis

ADAPTIVE AS: årsregnskap 2023 vs 2022

Grew 15% on revenue, stronger earnings

approved 2024-05-30; registry 2024-07-22; journal 2024 657401

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for ADAPTIVE AS. Revenue 24.23m NOK → 27.89m NOK (+15.1%). Net result +7.81m NOK → +10.45m NOK. Equity 11.90m NOK → 15.35m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ADAPTIVE AS.

Scorecard

Revenue
24.23m NOK 27.89m NOK
+15.1%
Operating result
+9.92m NOK +12.67m NOK
+27.7%
Net result
+7.81m NOK +10.45m NOK
+33.7%
Equity
11.90m NOK 15.35m NOK
+29.0%
Cash
13.73m NOK 17.32m NOK
+26.2%
Total assets
16.64m NOK 20.64m NOK
+24.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 24.23m NOK to 27.89m NOK (+15.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +9.92m NOK → +12.67m NOK (op. margin 41.0% → 45.4%). Calculated

  • ↑

    Net result improved

    Net result +7.81m NOK → +10.45m NOK (net margin 32.2% → 37.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 11.90m NOK → 15.35m NOK (equity ratio 71.5% → 74.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 13.73m NOK → 17.32m NOK (+26.2% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 4.80m NOK → 5.29m NOK (+10.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 120.0k NOK → 415 NOK. Reported fact