SEAGARDEN GROUP ASA: årsregnskap 2024 vs 2023
Shrank 73% on revenue, weaker earnings, cash halved-plus
approved 2025-05-19; registry 2025-09-16; journal 2025 755173
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for SEAGARDEN GROUP ASA. Revenue 1.22m NOK → 326.2k NOK (-73.2%). Net result -4.52m NOK → -32.75m NOK. Equity 91.28m NOK → 58.53m NOK.
On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for SEAGARDEN GROUP ASA.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -1.07m NOK → -845.0k NOK (op. margin -88.2% → -259.0%). Calculated
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↑
Payroll decreased
Salary cost 2.18m NOK → 225.2k NOK (179% → 69% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.22m NOK to 326.2k NOK (-73.2% YoY). Calculated
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↓
Net result weakened
Net result -4.52m NOK → -32.75m NOK (net margin -370.6% → -10040.4%). Calculated
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↓
Equity eroded
Book equity 91.28m NOK → 58.53m NOK (equity ratio 91.3% → 30.0%). Calculated
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↓
Cash fell
Bank deposits 48.9k NOK → 18.9k NOK (-61.3% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 7 NOK → 117.79m NOK. Reported fact