Org.nr 922 968 780 2022 → 2023 Year-over-year analysis

GALIBIER HOLDING AS: årsregnskap 2023 vs 2022

Weaker earnings

approved 2024-06-16; registry 2024-07-02; journal 2024 585476

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for GALIBIER HOLDING AS. Net result -11.9k NOK → -34.2k NOK. Equity 60.7k NOK → 26.5k NOK.

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

Also worth watching: operating result unchanged; thin equity buffer; book investments changed. All figures are taken from the published annual accounts for GALIBIER HOLDING AS.

Scorecard

Operating result
-587 NOK -587 NOK
0.0%
Net result
-11.9k NOK -34.2k NOK
-187.9%
Equity
60.7k NOK 26.5k NOK
-56.4%
Cash
43.3k NOK 102.4k NOK
+136.6%
Total assets
1.05m NOK 1.30m NOK
+23.8%

What improved

  • ↑

    Cash rose

    Bank deposits 43.3k NOK → 102.4k NOK (+136.6% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -11.9k NOK → -34.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 60.7k NOK → 26.5k NOK (equity ratio 5.8% → 2.0%). Calculated

Things to notice

  • ·

    Operating result unchanged

    Operating result -587 NOK → -587 NOK. Calculated

  • ·

    Thin equity buffer

    Equity ratio is 2.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 1.20m NOK → 994.4k NOK. Reported fact