GLINT SOLAR AS: årsregnskap 2022 vs 2021
Grew 37% on revenue, slipped into loss, fresh owner capital
approved 2023-05-23; registry 2023-07-01; journal 2023 543370
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for GLINT SOLAR AS. Revenue 3.86m NOK → 5.31m NOK (+37.5%). Net result +184.9k NOK → -3.45m NOK. Equity 30262.42bn NOK → 9 NOK.
On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for GLINT SOLAR AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.86m NOK to 5.31m NOK (+37.5% YoY). Calculated
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Cash rose
Bank deposits 5.29m NOK → 31.50m NOK (+495.0% YoY). Calculated
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Owners injected capital
Paid-in equity rose 12.16m NOK → 33.75m NOK (+21.59m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +162.6k NOK → -3.55m NOK (op. margin 4.2% → -66.9%). Calculated
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↓
Fell into a net loss
Net result flipped from 184.9k NOK profit to a loss of 3.45m NOK. Calculated
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Equity eroded
Book equity 30262.42bn NOK → 9 NOK (equity ratio 539813223.1% → 0.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 519.4k NOK → 128.6k NOK (-75.2% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 3 → 12. Reported fact