Org.nr 990 591 202 2021 → 2022 Year-over-year analysis

633 17 GT HOLDING AS: årsregnskap 2022 vs 2021

Weaker earnings

approved 2023-05-08; registry 2023-06-13; journal 2023 469043

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for 633 17 GT HOLDING AS. Net result -55.36m NOK → -460.51m NOK. Equity 347.87m NOK → 444.9k NOK.

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

Also worth watching: thin equity buffer; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for 633 17 GT HOLDING AS.

Scorecard

Operating result
-233.0k NOK -201.1k NOK
+13.7%
Net result
-55.36m NOK -460.51m NOK
-731.8%
Equity
347.87m NOK 444.9k NOK
-99.9%
Cash
75.0k NOK 51.46m NOK
+68488.9%
Total assets
347.87m NOK 51.46m NOK
-85.2%

What improved

  • ↑

    Operating result improved

    Operating result -233.0k NOK → -201.1k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 75.0k NOK → 51.46m NOK (+68488.9% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -55.36m NOK → -460.51m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 347.87m NOK → 444.9k NOK (equity ratio 100.0% → 0.9%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 348.99m NOK → 1.22m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 6.35bn NOK → 2 NOK. Reported fact