AIRWATCH AS: årsregnskap 2023 vs 2022
Shrank 20% on revenue, returned to profit
approved 2024-04-14; registry 2024-04-20; journal 2024 365917
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AIRWATCH AS. Revenue 903.0k NOK → 721.4k NOK (-20.1%). Net result -99.1k NOK → +37.5k NOK. Equity 94.1k NOK → 131.6k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -99.1k NOK → +37.5k NOK (op. margin -11.0% → 5.2%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 99.1k NOK to a profit of 37.5k NOK. Calculated
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↑
Equity strengthened
Book equity 94.1k NOK → 131.6k NOK (equity ratio 25.2% → 44.4%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 903.0k NOK to 721.4k NOK (-20.1% YoY). Calculated
-
↓
Cash fell
Bank deposits 302.7k NOK → 258.8k NOK (-14.5% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 2.90m NOK → 3.61m NOK (321% → 501% of revenue). Calculated