Org.nr 927 002 264 2022 → 2023 Year-over-year analysis

GENERAL OCEANS ASA: årsregnskap 2023 vs 2022

Grew 73% on revenue, stronger earnings, fresh owner capital

approved 2024-05-31; registry 2024-08-13; journal 2024 678428

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for GENERAL OCEANS ASA. Revenue 12.11m NOK → 20.98m NOK (+73.3%). Net result +375.0k NOK → +976.0k NOK. Equity 282.4k NOK → 7.47bn NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for GENERAL OCEANS ASA.

Scorecard

Revenue
12.11m NOK 20.98m NOK
+73.3%
Operating result
+321.0k NOK +559.3k NOK
+74.2%
Net result
+375.0k NOK +976.0k NOK
+160.3%
Equity
282.4k NOK 7.47bn NOK
+2645582.0%
Cash
6.43m NOK 32.10m NOK
+399.1%
Total assets
485.2k NOK 642.47m NOK
+132301.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 12.11m NOK to 20.98m NOK (+73.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +321.0k NOK → +559.3k NOK (op. margin 2.7% → 2.7%). Calculated

  • ↑

    Net result improved

    Net result +375.0k NOK → +976.0k NOK (net margin 3.1% → 4.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 282.4k NOK → 7.47bn NOK (equity ratio 58.2% → 1163.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 6.43m NOK → 32.10m NOK (+399.1% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 0 NOK → 248.0k NOK (None YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 426.5k NOK → 468.45m NOK. Reported fact