GLEDE AS: årsregnskap 2023 vs 2022
Shrank 48% on revenue, slipped into loss
approved 2024-05-21; registry 2024-05-27; journal 2024 438906
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for GLEDE AS. Revenue 936.7k NOK → 490.6k NOK (-47.6%). Net result +6 149 NOK → -433.5k NOK. Equity 6.17m NOK → -259.2k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for GLEDE AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits -84.8k NOK → -7 840 NOK (+90.8% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 936.7k NOK to 490.6k NOK (-47.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +190.7k NOK → -559.0k NOK (op. margin 20.4% → -114.0%). Calculated
-
↓
Fell into a net loss
Net result flipped from 6 149 NOK profit to a loss of 433.5k NOK. Calculated
-
↓
Equity eroded
Book equity 6.17m NOK → -259.2k NOK (equity ratio 2568.3% → -120.3%). Calculated
-
↓
COGS moved
COGS / varekostnad 4 633 NOK → 732.0k NOK (+15699.6% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -120.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value -51.4k NOK → -284.5k NOK. Reported fact