ADAPTIVE SYSTEMS AS: årsregnskap 2022 vs 2021
Weaker earnings, cash halved-plus
approved 2023-08-30; registry 2023-09-02; journal 2023 722212
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ADAPTIVE SYSTEMS AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -5 251 NOK → -25.9k NOK. Equity 19.2k NOK → -6 771 NOK.
Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADAPTIVE SYSTEMS AS.
At a glance
Scorecard
What deteriorated
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↓
Operating result weakened
Operating result -5 251 NOK → -25.9k NOK. Calculated
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↓
Net result weakened
Net result -5 251 NOK → -25.9k NOK. Calculated
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↓
Equity eroded
Book equity 19.2k NOK → -6 771 NOK (equity ratio 79.3% → -72.2%). Calculated
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↓
Cash fell
Bank deposits 24.2k NOK → 9 383 NOK (-61.2% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 4.83× → 0.58× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -72.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation