ADAPTIVE MEDIA AS: årsregnskap 2022 vs 2021
Grew 30% on revenue, weaker earnings
approved 2023-07-20; registry 2023-08-15; journal 2023 684899
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADAPTIVE MEDIA AS. Revenue 6.27m NOK → 8.16m NOK (+30.1%). Net result +1.63m NOK → +1.06m NOK. Equity 1.87m NOK → 2.48m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ADAPTIVE MEDIA AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 6.27m NOK to 8.16m NOK (+30.1% YoY). Calculated
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Operating result improved
Operating result +928.9k NOK → +2.39m NOK (op. margin 14.8% → 29.3%). Calculated
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Equity strengthened
Book equity 1.87m NOK → 2.48m NOK (equity ratio 78.0% → 73.7%). Calculated
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Cash rose
Bank deposits 423.6k NOK → 931.0k NOK (+119.8% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +1.63m NOK → +1.06m NOK (net margin 26.0% → 13.0%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 4.64× → 0.04× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Payroll increased
Salary cost 1.20m NOK → 1.43m NOK (19% → 18% of revenue). Calculated
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COGS moved
COGS / varekostnad 839.3k NOK → 3.09m NOK (+268.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1.01m NOK → 20.0k NOK. Reported fact