Org.nr 983 462 014 2021 → 2022 Year-over-year analysis

FRED. OLSEN SEAWIND ASA: årsregnskap 2022 vs 2021

Weaker earnings

approved 2023-06-07; registry 2023-08-07; journal 2023 647862

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for FRED. OLSEN SEAWIND ASA. Revenue 0 NOK → 13.22m NOK. Net result -34.00m NOK → -58.64m NOK. Equity 69.75m NOK → 11.11m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for FRED. OLSEN SEAWIND ASA.

Scorecard

Revenue
0 NOK 13.22m NOK
—
Operating result
-20.78m NOK -40.37m NOK
-94.3%
Net result
-34.00m NOK -58.64m NOK
-72.5%
Equity
69.75m NOK 11.11m NOK
-84.1%
Cash
10.53m NOK 10.40m NOK
-1.2%
Total assets
110.18m NOK 493.8k NOK
-99.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 13.22m NOK. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -20.78m NOK → -40.37m NOK. Calculated

  • ↓

    Net result weakened

    Net result -34.00m NOK → -58.64m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 69.75m NOK → 11.11m NOK (equity ratio 63.3% → 2249.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 10.53m NOK → 10.40m NOK (-1.2% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 81.32m NOK → 470.89m NOK. Reported fact