Org.nr 990 591 202 2020 → 2021 Year-over-year analysis

633 17 GT HOLDING AS: årsregnskap 2021 vs 2020

Weaker earnings

approved 2022-04-27; registry 2022-08-06; journal 2022 807494

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for 633 17 GT HOLDING AS. Net result -218.2k NOK → -55.36m NOK. Equity 293.28m NOK → 347.87m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 633 17 GT HOLDING AS.

Scorecard

Operating result
-218.4k NOK -233.0k NOK
-6.7%
Net result
-218.2k NOK -55.36m NOK
-25276.5%
Equity
293.28m NOK 347.87m NOK
+18.6%
Cash
36.8k NOK 75.0k NOK
+103.7%
Total assets
293.43m NOK 347.87m NOK
+18.6%

What improved

  • ↑

    Equity strengthened

    Book equity 293.28m NOK → 347.87m NOK (equity ratio 99.9% → 100.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 36.8k NOK → 75.0k NOK (+103.7% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 294.40m NOK → 348.99m NOK (+54.59m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -218.4k NOK → -233.0k NOK. Calculated

  • ↓

    Net result weakened

    Net result -218.2k NOK → -55.36m NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 6.29bn NOK → 6.35bn NOK. Reported fact