Org.nr 928 154 203 2023 → 2024 Year-over-year analysis

GLEDE AS: årsregnskap 2024 vs 2023

Grew 14% on revenue, weaker earnings

approved 2025-07-21; registry 2025-07-31; journal 2025 724378

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for GLEDE AS. Revenue 490.6k NOK → 558.9k NOK (+13.9%). Net result -433.5k NOK → -599.3k NOK. Equity -259.2k NOK → -858.4k NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for GLEDE AS.

Scorecard

Revenue
490.6k NOK 558.9k NOK
+13.9%
Operating result
-559.0k NOK -924.3k NOK
-65.3%
Net result
-433.5k NOK -599.3k NOK
-38.2%
Equity
-259.2k NOK -858.4k NOK
-231.2%
Cash
-7 840 NOK -1.55m NOK
-19667.6%
Total assets
215.3k NOK -688.5k NOK
-419.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 490.6k NOK to 558.9k NOK (+13.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -559.0k NOK → -924.3k NOK (op. margin -114.0% → -165.4%). Calculated

  • ↓

    Net result weakened

    Net result -433.5k NOK → -599.3k NOK (net margin -88.4% → -107.2%). Calculated

  • ↓

    Equity eroded

    Book equity -259.2k NOK → -858.4k NOK (equity ratio -120.3% → 124.7%). Calculated

  • ↓

    Cash fell

    Bank deposits -7 840 NOK → -1.55m NOK (-19667.6% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.76× → -0.99× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 732.0k NOK → 313.7k NOK (-57.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value -284.5k NOK → -1.33m NOK. Reported fact