Org.nr 917 352 801 2023 → 2024 Year-over-year analysis

AIWELL WATER AS: årsregnskap 2024 vs 2023

Shrank 100% on revenue, weaker earnings, fresh owner capital

approved 2025-06-25; registry 2025-07-05; journal 2025 628732

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AIWELL WATER AS. Revenue 374.3k NOK → 410 NOK (-99.9%). Net result -693.3k NOK → -2.05m NOK. Equity 1.95m NOK → 1.97m NOK.

On the constructive side: equity strengthened; owners injected capital. 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 AIWELL WATER AS.

Scorecard

Revenue
374.3k NOK 410 NOK
-99.9%
Operating result
-1.06m NOK -2.69m NOK
-154.8%
Net result
-693.3k NOK -2.05m NOK
-195.4%
Equity
1.95m NOK 1.97m NOK
+1.0%
Cash
801.4k NOK 600.2k NOK
-25.1%
Total assets
4.66m NOK 5.66m NOK
+21.4%

What improved

  • ↑

    Equity strengthened

    Book equity 1.95m NOK → 1.97m NOK (equity ratio 41.8% → 34.7%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.95m NOK → 4.01m NOK (+2.07m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 374.3k NOK to 410 NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -1.06m NOK → -2.69m NOK (op. margin -282.0% → -656128.0%). Calculated

  • ↓

    Net result weakened

    Net result -693.3k NOK → -2.05m NOK (net margin -185.2% → -499563.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 801.4k NOK → 600.2k NOK (-25.1% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1 167 NOK → 1.71m NOK (0% → 417332% of revenue). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1.5 → 2. Reported fact