Org.nr 882 757 692 2022 → 2023 Year-over-year analysis

WILSON ASA: årsregnskap 2023 vs 2022

Grew 96562% on revenue, weaker earnings, cash halved-plus

approved 2024-03-19; registry 2024-06-05; journal 2024 418693

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for WILSON ASA. Revenue 441.0k NOK → 426.31m NOK (+96562.3%). Net result +75.66m NOK → +27.23m NOK. Equity 85.82m NOK → 82.51m NOK.

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

Also worth watching: sharp cash drawdown; payroll increased; book investments changed. All figures are taken from the published annual accounts for WILSON ASA.

Scorecard

Revenue
441.0k NOK 426.31m NOK
+96562.3%
Operating result
-879.0k NOK -746.0k NOK
+15.1%
Net result
+75.66m NOK +27.23m NOK
-64.0%
Equity
85.82m NOK 82.51m NOK
-3.9%
Cash
15.88m NOK 6.10m NOK
-61.6%
Total assets
182.04m NOK 195.7k NOK
-99.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 441.0k NOK to 426.31m NOK (+96562.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -879.0k NOK → -746.0k NOK (op. margin -199.3% → -0.2%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 32.54m NOK → 60.19m NOK (+27.64m NOK). Reported fact

What deteriorated

  • ↓

    Net result weakened

    Net result +75.66m NOK → +27.23m NOK (net margin 17154.8% → 6.4%). Calculated

  • ↓

    Equity eroded

    Book equity 85.82m NOK → 82.51m NOK (equity ratio 47.1% → 42170.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 15.88m NOK → 6.10m NOK (-61.6% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.19× → 0.60× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (15.88m NOK → 6.10m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Payroll increased

    Salary cost 11.2k NOK → 141.0k NOK (3% → 0% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 67.31m NOK → 127.31m NOK. Reported fact