Org.nr 991 958 398 2021 → 2022 Year-over-year analysis

621 GT HOLDING AS: årsregnskap 2022 vs 2021

Weaker earnings, fresh owner capital

approved 2023-05-08; registry 2023-06-13; journal 2023 468953

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 621 GT HOLDING AS. Net result -207.5k NOK → -44.76m NOK. Equity 15.96m NOK → 259.9k NOK.

On the constructive side: operating result improved; cash rose; owners injected capital. Pressures included: net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 621 GT HOLDING AS.

Scorecard

Operating result
-202.8k NOK -201.1k NOK
+0.9%
Net result
-207.5k NOK -44.76m NOK
-21467.0%
Equity
15.96m NOK 259.9k NOK
-98.4%
Cash
4 407 NOK 8.78m NOK
+199214.8%
Total assets
16.32m NOK 8.78m NOK
-46.2%

What improved

  • ↑

    Operating result improved

    Operating result -202.8k NOK → -201.1k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 4 407 NOK → 8.78m NOK (+199214.8% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 15.96m NOK → 73.43m NOK (+57.47m NOK). Reported fact

What deteriorated

  • ↓

    Net result weakened

    Net result -207.5k NOK → -44.76m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 15.96m NOK → 259.9k NOK (equity ratio 97.8% → 3.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation