Org.nr 925 558 745 2021 → 2022 Year-over-year analysis

INTEGRATED WIND SOLUTIONS ASA: årsregnskap 2022 vs 2021

Shrank 100% on revenue, weaker earnings

approved 2023-05-08; registry 2023-07-01; journal 2023 525276

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for INTEGRATED WIND SOLUTIONS ASA. Revenue 233.0k NOK → 947 NOK (-99.6%). Net result -19.28m NOK → -24.72m NOK. Equity 662.65m NOK → 1.02m NOK.

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

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for INTEGRATED WIND SOLUTIONS ASA.

Scorecard

Revenue
233.0k NOK 947 NOK
-99.6%
Operating result
-16.77m NOK -20.32m NOK
-21.1%
Net result
-19.28m NOK -24.72m NOK
-28.2%
Equity
662.65m NOK 1.02m NOK
-99.8%
Cash
340.8k NOK 198.45m NOK
+58128.6%
Total assets
666.4k NOK 1.03m NOK
+54.8%

What improved

  • ↑

    Cash rose

    Bank deposits 340.8k NOK → 198.45m NOK (+58128.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 233.0k NOK to 947 NOK (-99.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -16.77m NOK → -20.32m NOK (op. margin -7199.1% → -2145723.3%). Calculated

  • ↓

    Net result weakened

    Net result -19.28m NOK → -24.72m NOK (net margin -8276.4% → -2610242.9%). Calculated

  • ↓

    Equity eroded

    Book equity 662.65m NOK → 1.02m NOK (equity ratio 99442.8% → 99.2%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 682.9k NOK → 10 NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 324.7k NOK → 824.6k NOK. Reported fact