Org.nr 917 352 801 2022 → 2023 Year-over-year analysis

AIWELL WATER AS: årsregnskap 2023 vs 2022

Grew 52% on revenue, weaker earnings, fresh owner capital

approved 2024-06-24; registry 2024-07-03; journal 2024 566435

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AIWELL WATER AS. Revenue 245.8k NOK → 374.3k NOK (+52.3%). Net result -169.5k NOK → -693.3k NOK. Equity 1.36m NOK → 1.95m NOK.

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

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

Scorecard

Revenue
245.8k NOK 374.3k NOK
+52.3%
Operating result
-240.9k NOK -1.06m NOK
-338.1%
Net result
-169.5k NOK -693.3k NOK
-309.1%
Equity
1.36m NOK 1.95m NOK
+43.3%
Cash
133.3k NOK 801.4k NOK
+501.1%
Total assets
88.7k NOK 4.66m NOK
+5155.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 245.8k NOK to 374.3k NOK (+52.3% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.36m NOK → 1.95m NOK (equity ratio 1531.5% → 41.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 133.3k NOK → 801.4k NOK (+501.1% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.16× → 7.91×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 589.7k NOK → 1.95m NOK (+1.36m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -240.9k NOK → -1.06m NOK (op. margin -98.0% → -282.0%). Calculated

  • ↓

    Net result weakened

    Net result -169.5k NOK → -693.3k NOK (net margin -68.9% → -185.2%). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 1.5. Reported fact