FirmaIQ
Org.nr 925 558 745 2023 → 2024 Year-over-year analysis

INTEGRATED WIND SOLUTIONS ASA: årsregnskap 2024 vs 2023

Grew 106% on revenue, weaker earnings

approved 2025-05-27; registry 2025-07-28; journal 2025 578114

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for INTEGRATED WIND SOLUTIONS ASA. Revenue 14.58m NOK → 30.08m NOK (+106.2%). Net result +36.44m NOK → +13.64m NOK.

On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for INTEGRATED WIND SOLUTIONS ASA.

At a glance

Scorecard

Revenue
14.58m NOK 30.08m NOK
+106.2%
Operating result
-28.91m NOK -30.16m NOK
-4.3%
Net result
+36.44m NOK +13.64m NOK
-62.6%
Cash
262.8k NOK 68.70m NOK
+26044.8%
Total assets
1.43bn NOK 1.46bn NOK
+1.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 14.58m NOK to 30.08m NOK (+106.2% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 262.8k NOK → 68.70m NOK (+26044.8% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.02× → 4.42×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -28.91m NOK → -30.16m NOK (op. margin -198.3% → -100.3%). Calculated

  • ↓

    Net result weakened

    Net result +36.44m NOK → +13.64m NOK (net margin 249.9% → 45.4%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.15m NOK → 1.37bn NOK. Reported fact