AIWELL WATER AS: årsregnskap 2018 vs 2017
Shrank 86% on revenue, cash halved-plus
approved 2019-06-11; registry 2019-06-24; journal 2019 507507
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AIWELL WATER AS. Revenue 542.5k NOK → 74.1k NOK (-86.3%). Equity -42.2k NOK → 30.0k NOK.
On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity -42.2k NOK → 30.0k NOK (equity ratio -13.7% → 6.6%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.82× → 2.28×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 542.5k NOK to 74.1k NOK (-86.3% YoY). Calculated
-
↓
Operating result weakened
Operating result +30.8k NOK → -210.2k NOK (op. margin 5.7% → -283.7%). Calculated
-
↓
Cash fell
Bank deposits 287.2k NOK → 53.8k NOK (-81.3% YoY). Calculated