AIRWATCH AS: årsregnskap 2022 vs 2021
Grew 10% on revenue, weaker earnings
approved 2023-01-24; registry 2023-03-27; journal 2023 336385
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AIRWATCH AS. Revenue 821.7k NOK → 903.0k NOK (+9.9%). Net result -6 463 NOK → -99.1k NOK. Equity 193.3k NOK → 94.1k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for AIRWATCH AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 821.7k NOK to 903.0k NOK (+9.9% YoY). Calculated
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↑
Cash rose
Bank deposits 228.1k NOK → 302.7k NOK (+32.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -6 463 NOK → -99.1k NOK (op. margin -0.8% → -11.0%). Calculated
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↓
Net result weakened
Net result -6 463 NOK → -99.1k NOK (net margin -0.8% → -11.0%). Calculated
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↓
Equity eroded
Book equity 193.3k NOK → 94.1k NOK (equity ratio 50.7% → 25.2%). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.75m NOK → 2.90m NOK (335% → 321% of revenue). Calculated