Org.nr 924 895 772 2023 → 2024 Year-over-year analysis

GLINT SOLAR AS: årsregnskap 2024 vs 2023

Grew 135% on revenue, fresh owner capital

approved 2025-05-15; registry 2025-06-10; journal 2025 485134

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for GLINT SOLAR AS. Revenue 9.75m NOK → 22.96m NOK (+135.5%). Net result -10.43m NOK → -9.68m NOK. Equity 19.67m NOK → 97.37m NOK.

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

Also worth watching: payroll increased; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for GLINT SOLAR AS.

Scorecard

Revenue
9.75m NOK 22.96m NOK
+135.5%
Operating result
-10.97m NOK -11.20m NOK
-2.1%
Net result
-10.43m NOK -9.68m NOK
+7.2%
Equity
19.67m NOK 97.37m NOK
+395.1%
Cash
24.32m NOK 105.89m NOK
+335.4%
Total assets
29.09m NOK 116.28m NOK
+299.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9.75m NOK to 22.96m NOK (+135.5% YoY). Calculated

  • ↑

    Net result improved

    Net result -10.43m NOK → -9.68m NOK (net margin -106.9% → -42.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 19.67m NOK → 97.37m NOK (equity ratio 67.6% → 83.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 24.32m NOK → 105.89m NOK (+335.4% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 33.39m NOK → 120.76m NOK (+87.38m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -10.97m NOK → -11.20m NOK (op. margin -112.5% → -48.8%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 14.94m NOK → 21.01m NOK (153% → 92% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 54.5k NOK → 531 NOK (-99.0% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 21 → 23. Reported fact