OLYMPIC SUBSEA ASA: årsregnskap 2023 vs 2022
Grew 41% on revenue, returned to profit, fresh owner capital
approved 2024-04-29; registry 2024-08-05; journal 2024 620899
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for OLYMPIC SUBSEA ASA. Revenue 665.28m NOK → 936.30m NOK (+40.7%). Net result -2.86m NOK → +31.14m NOK. Equity 33.50m NOK → 7.23bn NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: operating result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for OLYMPIC SUBSEA ASA.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 665.28m NOK to 936.30m NOK (+40.7% YoY). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 2.86m NOK to a profit of 31.14m NOK. Calculated
-
↑
Equity strengthened
Book equity 33.50m NOK → 7.23bn NOK (equity ratio 12.2% → 1616.9%). Calculated
-
↑
Owners injected capital
Paid-in equity rose 33.50m NOK → 198.50m NOK (+165.00m NOK). Reported fact
What deteriorated
-
↓
Operating result weakened
Operating result -3.48m NOK → -3.96m NOK (op. margin -0.5% → -0.4%). Calculated
-
↓
Cash fell
Bank deposits 72.84m NOK → 41.28m NOK (-43.3% YoY). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 141.7k NOK → 125.0k NOK. Reported fact