FirmaIQ
Org.nr 991 711 392 2023 → 2024 Year-over-year analysis

4SUBSEA AS: årsregnskap 2024 vs 2023

Stronger earnings

approved 2025-06-13; registry 2025-08-11; journal 2025 662738

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for 4SUBSEA AS. Revenue 3.27bn NOK → 3.38bn NOK (+3.3%). Net result +14.41m NOK → +26.39m NOK. Equity 112.90m NOK → 139.59m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for 4SUBSEA AS.

At a glance

Scorecard

Revenue
3.27bn NOK 3.38bn NOK
+3.3%
Operating result
+12.57m NOK +49.44m NOK
+293.4%
Net result
+14.41m NOK +26.39m NOK
+83.1%
Equity
112.90m NOK 139.59m NOK
+23.6%
Total assets
233.96m NOK 298.32m NOK
+27.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.27bn NOK to 3.38bn NOK (+3.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +12.57m NOK → +49.44m NOK (op. margin 0.4% → 1.5%). Calculated

  • ↑

    Net result improved

    Net result +14.41m NOK → +26.39m NOK (net margin 0.4% → 0.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 112.90m NOK → 139.59m NOK (equity ratio 48.3% → 46.8%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 28.39m NOK → 28.69m NOK (+302.1k NOK). Reported fact

Things to notice

  • ·

    Payroll increased

    Salary cost 5.13bn NOK → 5.15bn NOK (157% → 152% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 63.08m NOK → 102.28m NOK (+62.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 25.83m NOK → 12.68m NOK. Reported fact