FirmaIQ
Org.nr 945 883 294 2022 → 2023 Year-over-year analysis

SOLSTAD OFFSHORE ASA: årsregnskap 2023 vs 2022

Grew 22% on revenue

approved 2024-05-30; registry 2024-09-10; journal 2024 744369

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for SOLSTAD OFFSHORE ASA. Revenue 12.91m NOK → 15.70m NOK (+21.6%). Net result +251.57m NOK → +288.34m NOK. Equity 678.7k NOK → 849.1k NOK.

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

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for SOLSTAD OFFSHORE ASA.

At a glance

Scorecard

Revenue
12.91m NOK 15.70m NOK
+21.6%
Operating result
+34.0k NOK +321.0k NOK
+844.1%
Net result
+251.57m NOK +288.34m NOK
+14.6%
Equity
678.7k NOK 849.1k NOK
+25.1%
Cash
719 NOK 14.7k NOK
+1947.3%
Total assets
867.4k NOK 888.0k NOK
+2.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 12.91m NOK to 15.70m NOK (+21.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +34.0k NOK → +321.0k NOK (op. margin 0.3% → 2.0%). Calculated

  • ↑

    Net result improved

    Net result +251.57m NOK → +288.34m NOK (net margin 1948.4% → 1836.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 678.7k NOK → 849.1k NOK (equity ratio 78.2% → 95.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 719 NOK → 14.7k NOK (+1947.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3.12m NOK → 3.15m NOK (24% → 20% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 830.1k NOK → 830.08m NOK. Reported fact