Org.nr 932 605 023 2023 → 2024 Year-over-year analysis

04 GSE SANDVIK AS: årsregnskap 2024 vs 2023

Returned to profit, cash halved-plus

approved 2025-06-30; registry 2025-07-09; journal 2025 650719

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 04 GSE SANDVIK AS. Net result -27.0k NOK → +18.49m NOK. Equity 5.58bn NOK → 5.58bn NOK.

On the constructive side: operating result improved; turned profitable. Pressures included: equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 04 GSE SANDVIK AS.

Scorecard

Operating result
-21.8k NOK +12.76m NOK
+58567.5%
Net result
-27.0k NOK +18.49m NOK
+68620.5%
Equity
5.58bn NOK 5.58bn NOK
-0.0%
Cash
109.0k NOK 256 NOK
-99.8%
Total assets
619.21m NOK 581.33m NOK
-6.1%

What improved

  • ↑

    Operating result improved

    Operating result -21.8k NOK → +12.76m NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 27.0k NOK to a profit of 18.49m NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 5.58bn NOK → 5.58bn NOK (equity ratio 901.4% → 959.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 109.0k NOK → 256 NOK (-99.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.20m NOK → 2.71m NOK. Reported fact