SOLSTAD OFFSHORE ASA: årsregnskap 2024 vs 2023
Grew 318% on revenue, slipped into loss
approved 2025-05-15; registry 2025-08-02; journal 2025 611366
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for SOLSTAD OFFSHORE ASA. Revenue 15.70m NOK → 65.64m NOK (+318.1%). Net result +288.34m NOK → -781.4k NOK. Equity 849.1k NOK → 72.74m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; fell into a net loss.
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
What improved
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↑
Revenue rose
Operating income / revenue moved from 15.70m NOK to 65.64m NOK (+318.1% YoY). Calculated
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↑
Equity strengthened
Book equity 849.1k NOK → 72.74m NOK (equity ratio 95.6% → 5293.3%). Calculated
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↑
Cash rose
Bank deposits 14.7k NOK → 484.0k NOK (+3188.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +321.0k NOK → -1.18m NOK (op. margin 2.0% → -1.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 288.34m NOK profit to a loss of 781.4k NOK. Calculated
Things to notice
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·
Payroll increased
Salary cost 3.15m NOK → 3.40m NOK (20% → 5% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 830.08m NOK → 866.7k NOK. Reported fact