ACTIVE WATER AS: årsregnskap 2023 vs 2022
Shrank 17% on revenue, stronger earnings, fresh owner capital
approved 2024-05-23; registry 2024-08-02; journal 2024 697063
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ACTIVE WATER AS. Revenue 489.3k NOK → 405.7k NOK (-17.1%). Net result -2.12m NOK → -1.25m NOK. Equity 530.1k NOK → 3.28m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for ACTIVE WATER AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -2.71m NOK → -1.50m NOK (op. margin -553.6% → -369.3%). Calculated
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Net result improved
Net result -2.12m NOK → -1.25m NOK (net margin -432.7% → -309.1%). Calculated
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Equity strengthened
Book equity 530.1k NOK → 3.28m NOK (equity ratio 4.7% → 3.9%). Calculated
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Cash rose
Bank deposits 1 716 NOK → 719.4k NOK (+41822.0% YoY). Calculated
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Owners injected capital
Paid-in equity rose 300.0k NOK → 7.30m NOK (+7.00m NOK). Reported fact
What deteriorated
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Revenue fell
Operating income / revenue moved from 489.3k NOK to 405.7k NOK (-17.1% YoY). Calculated
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Payroll up without matching revenue
Salary cost 2.55m NOK → 2.70m NOK (520% → 667% of revenue). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 3.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 923.5k NOK → 21.3k NOK (-97.7% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 0 → 1. Reported fact