FirmaIQ
Org.nr 824 505 802 2022 → 2023 Year-over-year analysis

OCEAN GEOLOOP ASA: årsregnskap 2023 vs 2022

Grew 342% on revenue, stronger earnings

approved 2024-04-18; registry 2024-06-27; journal 2024 521891

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for OCEAN GEOLOOP ASA. Revenue 50.0k NOK → 221.0k NOK (+342.0%). Net result -42.76m NOK → -28.90m NOK. Equity 260.5k NOK → 237.41m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for OCEAN GEOLOOP ASA.

At a glance

Scorecard

Revenue
50.0k NOK 221.0k NOK
+342.0%
Operating result
-42.75m NOK -35.56m NOK
+16.8%
Net result
-42.76m NOK -28.90m NOK
+32.4%
Equity
260.5k NOK 237.41m NOK
+91048.3%
Cash
174.2k NOK 106.32m NOK
+60939.0%
Total assets
281.0k NOK 258.27m NOK
+91816.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 50.0k NOK to 221.0k NOK (+342.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -42.75m NOK → -35.56m NOK (op. margin -85496.0% → -16092.8%). Calculated

  • ↑

    Net result improved

    Net result -42.76m NOK → -28.90m NOK (net margin -85524.0% → -13075.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 260.5k NOK → 237.41m NOK (equity ratio 92.7% → 91.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 174.2k NOK → 106.32m NOK (+60939.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 57.02m NOK → 84.71m NOK. Reported fact