EIDESVIK OFFSHORE ASA: årsregnskap 2024 vs 2023
Shrank 100% on revenue, weaker earnings, fresh owner capital
approved 2025-04-08; registry 2025-08-13; journal 2025 744722
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for EIDESVIK OFFSHORE ASA. Revenue 772.36m NOK → 775.1k NOK (-99.9%). Net result +204.97m NOK → +29.30m NOK. Equity 791.5k NOK → 820.8k NOK.
On the constructive side: operating result improved; equity strengthened; current ratio back above 1×. Pressures included: revenue fell; net result weakened; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for EIDESVIK OFFSHORE ASA.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -18.96m NOK → -17.55m NOK (op. margin -2.5% → -2264.1%). Calculated
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Equity strengthened
Book equity 791.5k NOK → 820.8k NOK (equity ratio 77.5% → 0.1%). Calculated
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Current ratio back above 1×
Current ratio 0.80× → 1.05×. Calculated
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Owners injected capital
Paid-in equity rose 305.3k NOK → 305.25m NOK (+304.95m NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 772.36m NOK to 775.1k NOK (-99.9% YoY). Calculated
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Net result weakened
Net result +204.97m NOK → +29.30m NOK (net margin 26.5% → 3779.5%). Calculated
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↓
Cash fell
Bank deposits 28.50m NOK → 17.60m NOK (-38.2% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 11.32m NOK → 11.34m NOK (1% → 1463% of revenue). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 983.2k NOK → 71.0k NOK. Reported fact