SOLSTAD MARITIME ASA: årsregnskap 2025 vs 2024
Grew 112% on revenue, returned to profit, cash halved-plus
approved 2026-05-13; registry 2026-06-27; journal 2026 487588
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for SOLSTAD MARITIME ASA. Revenue -5.06m NOK → 590.4k NOK (+111.7%). Net result -54.74m NOK → +212.88m NOK. Equity 6.29bn NOK → 504.69m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded; cash fell.
Also worth watching: sharp cash drawdown; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for SOLSTAD MARITIME ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from -5.06m NOK to 590.4k NOK (+111.7% YoY). Calculated
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↑
Operating result improved
Operating result -5.06m NOK → -3.39m NOK (op. margin 100.0% → -573.6%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 54.74m NOK to a profit of 212.88m NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity 6.29bn NOK → 504.69m NOK (equity ratio 98.2% → 93.8%). Calculated
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↓
Cash fell
Bank deposits 3.90m NOK → 178.0k NOK (-95.4% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (3.90m NOK → 178.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 5.79bn NOK → 452.89m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 6.20bn NOK → 496.74m NOK. Reported fact