FirmaIQ
Org.nr 997 855 809 2022 → 2023 Year-over-year analysis

ADAPTIVE MEDIA AS: årsregnskap 2023 vs 2022

Shrank 39% on revenue, weaker earnings, cash halved-plus

approved 2024-08-19; registry 2024-08-29; journal 2024 736748

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for ADAPTIVE MEDIA AS. Revenue 8.16m NOK → 4.95m NOK (-39.4%). Net result +1.06m NOK → +4 587 NOK. Equity 2.48m NOK → 2.35m NOK.

On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
8.16m NOK 4.95m NOK
-39.4%
Operating result
+2.39m NOK -787.9k NOK
-132.9%
Net result
+1.06m NOK +4 587 NOK
-99.6%
Equity
2.48m NOK 2.35m NOK
-5.1%
Cash
931.0k NOK 321.3k NOK
-65.5%
Total assets
3.36m NOK 2.82m NOK
-16.0%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.04× → 5.63×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.16m NOK to 4.95m NOK (-39.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.39m NOK → -787.9k NOK (op. margin 29.3% → -15.9%). Calculated

  • ↓

    Net result weakened

    Net result +1.06m NOK → +4 587 NOK (net margin 13.0% → 0.1%). Calculated

  • ↓

    Equity eroded

    Book equity 2.48m NOK → 2.35m NOK (equity ratio 73.7% → 83.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 931.0k NOK → 321.3k NOK (-65.5% YoY). Calculated