Org.nr 914 071 968 2023 → 2024 Year-over-year analysis

AIRWATCH AS: årsregnskap 2024 vs 2023

Shrank 52% on revenue

approved 2025-03-19; registry 2025-03-31; journal 2025 357255

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AIRWATCH AS. Revenue 721.4k NOK → 345.9k NOK (-52.1%). Net result +37.5k NOK → +29.2k NOK. Equity 131.6k NOK → 160.9k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for AIRWATCH AS.

Scorecard

Revenue
721.4k NOK 345.9k NOK
-52.1%
Operating result
+37.5k NOK +29.1k NOK
-22.5%
Net result
+37.5k NOK +29.2k NOK
-22.1%
Equity
131.6k NOK 160.9k NOK
+22.2%
Cash
258.8k NOK 198.1k NOK
-23.5%
Total assets
296.7k NOK 31.7k NOK
-89.3%

What improved

  • ↑

    Equity strengthened

    Book equity 131.6k NOK → 160.9k NOK (equity ratio 44.4% → 507.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 721.4k NOK to 345.9k NOK (-52.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +37.5k NOK → +29.1k NOK (op. margin 5.2% → 8.4%). Calculated

  • ↓

    Net result weakened

    Net result +37.5k NOK → +29.2k NOK (net margin 5.2% → 8.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 258.8k NOK → 198.1k NOK (-23.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.80× → 0.04× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 3. Reported fact