Org.nr 924 895 772 2024 → 2025 Year-over-year analysis

GLINT SOLAR AS: årsregnskap 2025 vs 2024

Grew 56% on revenue, weaker earnings

approved 2026-06-29; registry 2026-07-29; journal 2026 656015

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for GLINT SOLAR AS. Revenue 22.96m NOK → 35.89m NOK (+56.3%). Net result -9.68m NOK → -25.23m NOK. Equity 97.37m NOK → 68.73m NOK.

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

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

Scorecard

Revenue
22.96m NOK 35.89m NOK
+56.3%
Operating result
-11.20m NOK -28.32m NOK
-152.9%
Net result
-9.68m NOK -25.23m NOK
-160.7%
Equity
97.37m NOK 68.73m NOK
-29.4%
Cash
105.89m NOK 80.61m NOK
-23.9%
Total assets
116.28m NOK n/m
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 22.96m NOK to 35.89m NOK (+56.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -11.20m NOK → -28.32m NOK (op. margin -48.8% → -78.9%). Calculated

  • ↓

    Net result weakened

    Net result -9.68m NOK → -25.23m NOK (net margin -42.1% → -70.3%). Calculated

  • ↓

    Equity eroded

    Book equity 97.37m NOK → 68.73m NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 105.89m NOK → 80.61m NOK (-23.9% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 21.01m NOK → 38.80m NOK (92% → 108% of revenue). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 23 → 37. Reported fact