Org.nr 922 885 044 2023 → 2024 Year-over-year analysis

ACTIVE WATER AS: årsregnskap 2024 vs 2023

Shrank 100% on revenue, weaker earnings, cash halved-plus

approved 2025-06-25; registry 2025-08-02; journal 2025 689146

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ACTIVE WATER AS. Revenue 405.7k NOK → 540 NOK (-99.9%). Net result -1.25m NOK → -7.97m NOK. Equity 3.28m NOK → -4.70m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ACTIVE WATER AS.

Scorecard

Revenue
405.7k NOK 540 NOK
-99.9%
Operating result
-1.50m NOK -5.47m NOK
-265.2%
Net result
-1.25m NOK -7.97m NOK
-535.9%
Equity
3.28m NOK -4.70m NOK
-243.4%
Cash
719.4k NOK 253.2k NOK
-64.8%
Total assets
84.69m NOK 162.15m NOK
+91.5%

What improved

  • ↑

    Payroll decreased

    Salary cost 2.70m NOK → 2.21m NOK (667% → 410055% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 405.7k NOK to 540 NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -1.50m NOK → -5.47m NOK (op. margin -369.3% → -1013281.5%). Calculated

  • ↓

    Net result weakened

    Net result -1.25m NOK → -7.97m NOK (net margin -309.1% → -1476684.6%). Calculated

  • ↓

    Equity eroded

    Book equity 3.28m NOK → -4.70m NOK (equity ratio 3.9% → -2.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 719.4k NOK → 253.2k NOK (-64.8% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -2.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 21.3k NOK → 1 690 NOK (-92.0% YoY). Calculated