Org.nr 886 582 412 2022 → 2023 Year-over-year analysis

AQUA BIO TECHNOLOGY ASA: årsregnskap 2023 vs 2022

Shrank 45% on revenue, fresh owner capital

approved 2024-06-28; registry 2024-08-22; journal 2024 733781

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AQUA BIO TECHNOLOGY ASA. Revenue 941.7k NOK → 516.3k NOK (-45.2%). Net result -18.74m NOK → -21.02m NOK. Equity -5.33m NOK → 62.72m NOK.

On the constructive side: operating result improved; equity strengthened; owners injected capital. Pressures included: revenue fell; net result weakened; cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AQUA BIO TECHNOLOGY ASA.

Scorecard

Revenue
941.7k NOK 516.3k NOK
-45.2%
Operating result
-22.29m NOK -22.26m NOK
+0.1%
Net result
-18.74m NOK -21.02m NOK
-12.2%
Equity
-5.33m NOK 62.72m NOK
+1277.4%
Cash
1.28m NOK 1.05m NOK
-18.2%
Total assets
56.44m NOK 99.62m NOK
+76.5%

What improved

  • ↑

    Operating result improved

    Operating result -22.29m NOK → -22.26m NOK (op. margin -2367.1% → -4312.1%). Calculated

  • ↑

    Equity strengthened

    Book equity -5.33m NOK → 62.72m NOK (equity ratio -9.4% → 63.0%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 51.65m NOK → 164.33m NOK (+112.67m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 941.7k NOK to 516.3k NOK (-45.2% YoY). Calculated

  • ↓

    Net result weakened

    Net result -18.74m NOK → -21.02m NOK (net margin -1989.4% → -4072.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.28m NOK → 1.05m NOK (-18.2% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.64m NOK → 1.14m NOK (-57.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 39.91m NOK → 84.96m NOK. Reported fact