Org.nr 824 505 802 2023 → 2024 Year-over-year analysis

OCEAN GEOLOOP ASA: årsregnskap 2024 vs 2023

Shrank 100% on revenue, cash halved-plus

approved 2025-04-24; registry 2025-05-19; journal 2025 405920

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for OCEAN GEOLOOP ASA. Revenue 221.0k NOK → 383 NOK (-99.8%). Net result -28.90m NOK → -32.57m NOK. Equity 237.41m NOK → 207.07m NOK.

On the constructive side: owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.

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

Scorecard

Revenue
221.0k NOK 383 NOK
-99.8%
Operating result
-35.56m NOK -36.97m NOK
-3.9%
Net result
-28.90m NOK -32.57m NOK
-12.7%
Equity
237.41m NOK 207.07m NOK
-12.8%
Cash
106.32m NOK 46.89m NOK
-55.9%
Total assets
258.27m NOK 218.04m NOK
-15.6%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 353.8k NOK → 356.0k NOK (+2 229 NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 221.0k NOK to 383 NOK (-99.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -35.56m NOK → -36.97m NOK (op. margin -16092.8% → -9651697.1%). Calculated

  • ↓

    Net result weakened

    Net result -28.90m NOK → -32.57m NOK (net margin -13075.1% → -8503916.4%). Calculated

  • ↓

    Equity eroded

    Book equity 237.41m NOK → 207.07m NOK (equity ratio 91.9% → 95.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 106.32m NOK → 46.89m NOK (-55.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 84.71m NOK → 91.37m NOK. Reported fact