Org.nr 927 002 264 2024 → 2025 Year-over-year analysis

GENERAL OCEANS ASA: årsregnskap 2025 vs 2024

Grew 10% on revenue, weaker earnings

approved 2026-03-17; registry 2026-04-15; journal 2026 349958

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for GENERAL OCEANS ASA. Revenue 24.44m NOK → 26.77m NOK (+9.5%). Net result +39.18m NOK → +26.90m NOK. Equity 7.46bn NOK → 8.37bn NOK.

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

Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for GENERAL OCEANS ASA.

Scorecard

Revenue
24.44m NOK 26.77m NOK
+9.5%
Operating result
-379.0k NOK -2.21m NOK
-484.1%
Net result
+39.18m NOK +26.90m NOK
-31.3%
Equity
7.46bn NOK 8.37bn NOK
+12.2%
Cash
30.14m NOK 25.70m NOK
-14.7%
Total assets
1.32bn NOK 673.32m NOK
-48.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 24.44m NOK to 26.77m NOK (+9.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 7.46bn NOK → 8.37bn NOK (equity ratio 566.6% → 1242.4%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -379.0k NOK → -2.21m NOK (op. margin -1.6% → -8.3%). Calculated

  • ↓

    Net result weakened

    Net result +39.18m NOK → +26.90m NOK (net margin 160.3% → 100.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 30.14m NOK → 25.70m NOK (-14.7% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 457.39m NOK → 358.40m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 371.1k NOK → 427.7k NOK (2% → 2% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 319.8k NOK → 459.1k NOK (+43.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 468.61m NOK → 561.99m NOK. Reported fact