DNO ASA: årsregnskap 2024 vs 2023
Slipped into loss, cash halved-plus
approved 2025-04-24; registry 2025-08-16; journal 2025 742043
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for DNO ASA. Revenue 25.03m NOK → 25.13m NOK (+0.4%). Net result +19.00m NOK → -29.00m NOK. Equity 11.59m NOK → 496.17m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: fell into a net loss; cash fell; current ratio dropped below 1×.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for DNO ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 25.03m NOK to 25.13m NOK (+0.4% YoY). Calculated
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↑
Operating result improved
Operating result -18.42m NOK → -15.17m NOK (op. margin -73.6% → -60.4%). Calculated
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↑
Equity strengthened
Book equity 11.59m NOK → 496.17m NOK (equity ratio 1.0% → 34.6%). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 19.00m NOK profit to a loss of 29.00m NOK. Calculated
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↓
Cash fell
Bank deposits 461.16m NOK → 746.2k NOK (-99.8% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.70× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (461.16m NOK → 746.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 682.2k NOK → 666.12m NOK. Reported fact