GALIBIER HOLDING AS: årsregnskap 2022 vs 2021
Slipped into loss, cash halved-plus
approved 2023-05-18; registry 2023-06-24; journal 2023 516103
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for GALIBIER HOLDING AS. Net result +20.8k NOK → -11.9k NOK. Equity 72.6k NOK → 60.7k NOK.
On the constructive side: operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for GALIBIER HOLDING AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -619 NOK → -587 NOK. Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 20.8k NOK profit to a loss of 11.9k NOK. Calculated
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↓
Equity eroded
Book equity 72.6k NOK → 60.7k NOK (equity ratio 154.0% → 5.8%). Calculated
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↓
Cash fell
Bank deposits 337.8k NOK → 43.3k NOK (-87.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 5.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 51.6k NOK → 1.20m NOK. Reported fact