FirmaIQ
Org.nr 917 352 801 2016 → 2017 Year-over-year analysis

AIWELL WATER AS: årsregnskap 2017 vs 2016

Grew 456% on revenue, weaker earnings

approved 2018-06-14; registry 2018-06-19; journal 2018 504325

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AIWELL WATER AS. Revenue 97.5k NOK → 542.5k NOK (+456.4%). Net result +88.2k NOK → +5 NOK. Equity -64.7k NOK → -42.2k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
97.5k NOK 542.5k NOK
+456.4%
Operating result
-118.1k NOK +30.8k NOK
+126.1%
Net result
+88.2k NOK +5 NOK
-100.0%
Equity
-64.7k NOK -42.2k NOK
+34.9%
Cash
50.1k NOK 287.2k NOK
+473.4%
Total assets
85.3k NOK 308.8k NOK
+262.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 97.5k NOK to 542.5k NOK (+456.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -118.1k NOK → +30.8k NOK (op. margin -121.1% → 5.7%). Calculated

  • ↑

    Equity strengthened

    Book equity -64.7k NOK → -42.2k NOK (equity ratio -75.9% → -13.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 50.1k NOK → 287.2k NOK (+473.4% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +88.2k NOK → +5 NOK (net margin 90.4% → 0.0%). Calculated