Org.nr 928 154 203 2024 → 2025 Year-over-year analysis

GLEDE AS: årsregnskap 2025 vs 2024

Grew 405% on revenue, returned to profit

approved 2026-05-04; registry 2026-07-21; journal 2026 697111

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for GLEDE AS. Revenue 558.9k NOK → 2.82m NOK (+405.2%). Net result -599.3k NOK → +154.1k NOK. Equity -858.4k NOK → -1.94m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded.

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

Scorecard

Revenue
558.9k NOK 2.82m NOK
+405.2%
Operating result
-924.3k NOK +686.8k NOK
+174.3%
Net result
-599.3k NOK +154.1k NOK
+125.7%
Equity
-858.4k NOK -1.94m NOK
-126.4%
Cash
-1.55m NOK 213.9k NOK
+113.8%
Total assets
-688.5k NOK 588.0k NOK
+185.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 558.9k NOK to 2.82m NOK (+405.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -924.3k NOK → +686.8k NOK (op. margin -165.4% → 24.3%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 599.3k NOK to a profit of 154.1k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits -1.55m NOK → 213.9k NOK (+113.8% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio -0.99× → 41.35×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -858.4k NOK → -1.94m NOK (equity ratio 124.7% → -330.6%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -330.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value -1.33m NOK → 0 NOK. Reported fact