Org.nr 918 391 983 2023 → 2024 Year-over-year analysis

1OFFSHORE AS: årsregnskap 2024 vs 2023

Grew 38% on revenue, stronger earnings

registry 2025-05-22; journal 2025 458010

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 1OFFSHORE AS. Revenue 3.80m NOK → 5.25m NOK (+38.2%). Net result +600.6k NOK → +824.2k NOK. Equity -143.7k NOK → 680.6k NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for 1OFFSHORE AS.

Scorecard

Revenue
3.80m NOK 5.25m NOK
+38.2%
Operating result
+601.1k NOK +27.3k NOK
-95.5%
Net result
+600.6k NOK +824.2k NOK
+37.2%
Equity
-143.7k NOK 680.6k NOK
+573.7%
Cash
270.8k NOK 412.3k NOK
+52.3%
Total assets
611.9k NOK 2.51m NOK
+310.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.80m NOK to 5.25m NOK (+38.2% YoY). Calculated

  • ↑

    Net result improved

    Net result +600.6k NOK → +824.2k NOK (net margin 15.8% → 15.7%). Calculated

  • ↑

    Equity strengthened

    Book equity -143.7k NOK → 680.6k NOK (equity ratio -23.5% → 27.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 270.8k NOK → 412.3k NOK (+52.3% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.96× → 3.53×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +601.1k NOK → +27.3k NOK (op. margin 15.8% → 0.5%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.30m NOK → 2.65m NOK (60% → 51% of revenue). Calculated