Org.nr 922 968 780 2024 → 2025 Year-over-year analysis

GALIBIER HOLDING AS: årsregnskap 2025 vs 2024

Another loss-making year

approved 2026-06-22; registry 2026-06-25; journal 2026 581660

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for GALIBIER HOLDING AS. Net result -59.1k NOK → -58.5k NOK. Equity -32.6k NOK → -91.1k NOK.

On the constructive side: operating result improved. Pressures included: 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.

Scorecard

Operating result
-9 576 NOK -694 NOK
+92.8%
Net result
-59.1k NOK -58.5k NOK
+1.1%
Equity
-32.6k NOK -91.1k NOK
-179.3%
Cash
58.9k NOK 53.6k NOK
-9.0%
Total assets
1.29m NOK 1.76m NOK
+36.5%

What improved

  • ↑

    Operating result improved

    Operating result -9 576 NOK → -694 NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -32.6k NOK → -91.1k NOK (equity ratio -2.5% → -5.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 58.9k NOK → 53.6k NOK (-9.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -5.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 20.6k NOK → 1.17m NOK. Reported fact