Org.nr 927 233 479 2023 → 2024 Year-over-year analysis

AKER OFFSHORE WIND SCOTWIND AS: årsregnskap 2024 vs 2023

Slipped into loss, cash halved-plus

approved 2025-06-27; registry 2025-07-22; journal 2025 684206

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AKER OFFSHORE WIND SCOTWIND AS. Net result +43.61m NOK → -288.30m NOK. Equity 4.39bn NOK → 76.65m NOK.

On the constructive side: operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.

Also worth watching: sharp cash drawdown; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AKER OFFSHORE WIND SCOTWIND AS.

Scorecard

Operating result
-59.8k NOK -47.7k NOK
+20.2%
Net result
+43.61m NOK -288.30m NOK
-761.1%
Equity
4.39bn NOK 76.65m NOK
-98.3%
Cash
5.73m NOK 560.9k NOK
-90.2%
Total assets
430.68m NOK 129.89m NOK
-69.8%

What improved

  • ↑

    Operating result improved

    Operating result -59.8k NOK → -47.7k NOK. Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 43.61m NOK profit to a loss of 288.30m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 4.39bn NOK → 76.65m NOK (equity ratio 1019.5% → 59.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 5.73m NOK → 560.9k NOK (-90.2% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.16× → 0.94× — 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 (5.73m NOK → 560.9k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 390.67m NOK → 76.65m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 389.44m NOK → 79.60m NOK. Reported fact