Org.nr 928 052 281 2022 → 2023 Year-over-year analysis

AIWAY AS: årsregnskap 2023 vs 2022

Shrank 100% on revenue, slipped into loss, cash halved-plus

approved 2024-09-30; registry 2024-10-02; journal 2024 750896

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AIWAY AS. Revenue 178.1k NOK → 178 NOK (-99.9%). Net result +73.5k NOK → -25.0k NOK. Equity 227.4k NOK → -32.5k NOK.

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

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

Scorecard

Revenue
178.1k NOK 178 NOK
-99.9%
Operating result
+138.6k NOK -24.6k NOK
-117.8%
Net result
+73.5k NOK -25.0k NOK
-134.0%
Equity
227.4k NOK -32.5k NOK
-114.3%
Cash
260.6k NOK 1 369 NOK
-99.5%
Total assets
260.6k NOK 1.37m NOK
+425.5%

What improved

  • ↑

    Payroll decreased

    Salary cost 6 500 NOK → 0 NOK (4% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 178.1k NOK to 178 NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +138.6k NOK → -24.6k NOK (op. margin 77.8% → -13827.5%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 73.5k NOK profit to a loss of 25.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 227.4k NOK → -32.5k NOK (equity ratio 87.3% → -2.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 260.6k NOK → 1 369 NOK (-99.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -2.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 28.1k NOK → 15.3k NOK (-45.5% YoY). Calculated