Org.nr 915 495 486 2021 → 2022 Year-over-year analysis

WATERCIRCLES FORSIKRING ASA: årsregnskap 2022 vs 2021

Mixed movements in the accounts

approved 2023-03-28; registry 2023-06-29; journal 2023 523915

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for WATERCIRCLES FORSIKRING ASA. Equity 302.74m NOK → 235.09m NOK.

Pressures included: equity eroded.

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

Scorecard

Equity
302.74m NOK 235.09m NOK
-22.3%
Total assets
1.07bn NOK 1.17bn NOK
+9.0%

What deteriorated

  • ↓

    Equity eroded

    Book equity 302.74m NOK → 235.09m NOK (equity ratio 28.3% → 20.1%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 7.37bn NOK → 367.14m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 60.82m NOK → 71.76m NOK. Reported fact