AQUALIS ASA: årsregnskap 2023 vs 2022
Grew 9% on revenue, weaker earnings, cash halved-plus
approved 2024-05-29; registry 2024-07-02; journal 2024 530197
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AQUALIS ASA. Revenue 13.23m NOK → 14.37m NOK (+8.5%). Net result +37.89m NOK → +13.28m NOK. Equity 524.9k NOK → 770.3k NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AQUALIS ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 13.23m NOK to 14.37m NOK (+8.5% YoY). Calculated
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Equity strengthened
Book equity 524.9k NOK → 770.3k NOK (equity ratio 70.3% → 73.9%). Calculated
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Current ratio back above 1×
Current ratio 0.31× → 121.89×. Calculated
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Owners injected capital
Paid-in equity rose 524.9k NOK → 770.3k NOK (+245.4k NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -11.79m NOK → -16.10m NOK (op. margin -89.1% → -112.1%). Calculated
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Net result weakened
Net result +37.89m NOK → +13.28m NOK (net margin 286.3% → 92.5%). Calculated
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↓
Cash fell
Bank deposits 32.60m NOK → 2.48m NOK (-92.4% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (32.60m NOK → 2.48m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 680.6k NOK → 1.01m NOK. Reported fact