FRED. OLSEN WINDCARRIER ASA: årsregnskap 2024 vs 2023
Grew 19% on revenue, stronger earnings, cash halved-plus
approved 2025-06-27; registry 2025-08-06; journal 2025 655596
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for FRED. OLSEN WINDCARRIER ASA. Revenue 30.84m NOK → 36.82m NOK (+19.4%). Net result +1.48m NOK → +39.22m NOK. Equity 199.2k NOK → 268.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for FRED. OLSEN WINDCARRIER ASA.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 30.84m NOK to 36.82m NOK (+19.4% YoY). Calculated
-
↑
Operating result improved
Operating result +616.0k NOK → +1.95m NOK (op. margin 2.0% → 5.3%). Calculated
-
↑
Net result improved
Net result +1.48m NOK → +39.22m NOK (net margin 4.8% → 106.5%). Calculated
-
↑
Equity strengthened
Book equity 199.2k NOK → 268.3k NOK (equity ratio 0.1% → 0.1%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.15× → 5.69×. Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 7.26m NOK → 3.48m NOK (-52.1% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 10.30m NOK → 11.35m NOK (33% → 31% of revenue). Calculated
-
·
Book investments changed
Investment / intangible book value 356.99m NOK → 234.63m NOK. Reported fact