FRED. OLSEN SEAWIND ASA: årsregnskap 2024 vs 2023
Grew 68% on revenue, stronger earnings
approved 2025-06-20; registry 2025-08-05; journal 2025 626616
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for FRED. OLSEN SEAWIND ASA. Revenue 20.74m NOK → 34.87m NOK (+68.1%). Net result -130.56m NOK → -95.32m NOK. Equity 404.73m NOK → 309.44m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for FRED. OLSEN SEAWIND ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 20.74m NOK to 34.87m NOK (+68.1% YoY). Calculated
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Operating result improved
Operating result -62.64m NOK → -53.86m NOK (op. margin -302.0% → -154.5%). Calculated
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Net result improved
Net result -130.56m NOK → -95.32m NOK (net margin -629.5% → -273.4%). Calculated
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Current ratio back above 1×
Current ratio 0.09× → 35.15×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 404.73m NOK → 309.44m NOK (equity ratio 50429.2% → 30256.7%). Calculated
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↓
Cash fell
Bank deposits 30.04m NOK → 20.89m NOK (-30.5% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 768.5k NOK → 997.7k NOK. Reported fact