621 GT HOLDING AS: årsregnskap 2023 vs 2022
Stronger earnings, cash halved-plus
approved 2024-05-16; registry 2024-07-16; journal 2024 633186
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 621 GT HOLDING AS. Net result -44.76m NOK → -48.0k NOK. Equity 259.9k NOK → 211.8k NOK.
On the constructive side: net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: sharp cash drawdown; paid-in equity reduced. All figures are taken from the published annual accounts for 621 GT HOLDING AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result -44.76m NOK → -48.0k NOK. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -201.1k NOK → -204.2k NOK. Calculated
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↓
Equity eroded
Book equity 259.9k NOK → 211.8k NOK (equity ratio 3.0% → 11.0%). Calculated
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↓
Cash fell
Bank deposits 8.78m NOK → 1.93m NOK (-78.1% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (8.78m NOK → 1.93m 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 73.43m NOK → 1.84m NOK — check capital reduction, conversion, or reclassification. Interpretation