INTEROIL EXPLORATION AND PRODUCTION ASA: årsregnskap 2024 vs 2023
Shrank 16% on revenue, weaker earnings, cash halved-plus
approved 2025-06-13; registry 2025-08-05; journal 2025 635304
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for INTEROIL EXPLORATION AND PRODUCTION ASA. Revenue 491.0k NOK → 412.0k NOK (-16.1%). Net result -818.0k NOK → -25.79m NOK. Equity 4.56m NOK → -21.23m NOK.
On the constructive side: operating result improved; current ratio back above 1×. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for INTEROIL EXPLORATION AND PRODUCTION ASA.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -29.0k NOK → -24.7k NOK (op. margin -5.9% → -6.0%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.28× → 161.00×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 491.0k NOK to 412.0k NOK (-16.1% YoY). Calculated
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↓
Net result weakened
Net result -818.0k NOK → -25.79m NOK (net margin -166.6% → -6258.7%). Calculated
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↓
Equity eroded
Book equity 4.56m NOK → -21.23m NOK (equity ratio 14.0% → -222.8%). Calculated
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↓
Cash fell
Bank deposits 143.0k NOK → 9 000 NOK (-93.7% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 61.0k NOK → 73.0k NOK (12% → 18% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -222.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 172.0k NOK → 172 NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 8.00m NOK → 16.5k NOK (-99.8% YoY). Calculated
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Book investments changed
Investment / intangible book value 30.09m NOK → 8 764 NOK. Reported fact