Org.nr 990 591 202 2023 → 2024 Year-over-year analysis

633 17 GT HOLDING AS: årsregnskap 2024 vs 2023

Weaker earnings, cash halved-plus

approved 2025-04-11; registry 2025-07-21; journal 2025 680929

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 633 17 GT HOLDING AS. Net result +620.9k NOK → +409.4k NOK. Equity 65.8k NOK → 1.48m NOK.

On the constructive side: equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for 633 17 GT HOLDING AS.

Scorecard

Operating result
-204.2k NOK -204.6k NOK
-0.2%
Net result
+620.9k NOK +409.4k NOK
-34.1%
Equity
65.8k NOK 1.48m NOK
+2143.1%
Cash
10.31m NOK 1.64m NOK
-84.1%
Total assets
10.31m NOK 1.64m NOK
-84.1%

What improved

  • ↑

    Equity strengthened

    Book equity 65.8k NOK → 1.48m NOK (equity ratio 0.6% → 90.2%). Calculated

What deteriorated

  • ↓

    Operating result weakened

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

  • ↓

    Net result weakened

    Net result +620.9k NOK → +409.4k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 10.31m NOK → 1.64m NOK (-84.1% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (10.31m NOK → 1.64m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation