Org.nr 991 958 398 2023 → 2024 Year-over-year analysis

621 GT HOLDING AS: årsregnskap 2024 vs 2023

Returned to profit, cash halved-plus

approved 2025-04-11; registry 2025-07-21; journal 2025 680927

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 621 GT HOLDING AS. Net result -48.0k NOK → +115.5k NOK. Equity 211.8k NOK → 96.3k NOK.

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

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for 621 GT HOLDING AS.

Scorecard

Operating result
-204.2k NOK -204.6k NOK
-0.2%
Net result
-48.0k NOK +115.5k NOK
+340.5%
Equity
211.8k NOK 96.3k NOK
-54.5%
Cash
1.93m NOK 224.0k NOK
-88.4%
Total assets
1.93m NOK 224.0k NOK
-88.4%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 48.0k NOK to a profit of 115.5k NOK. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -204.2k NOK → -204.6k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 211.8k NOK → 96.3k NOK (equity ratio 11.0% → 43.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.93m NOK → 224.0k NOK (-88.4% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.93m NOK → 224.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation