Org.nr 914 769 922 2022 → 2023 Year-over-year analysis

GOODTECH ASA: årsregnskap 2023 vs 2022

Returned to profit

approved 2024-04-25; registry 2024-06-06; journal 2024 423612

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for GOODTECH ASA. Revenue 0 NOK → 0 NOK (0.0%). Net result -27.24m NOK → 0 NOK. Equity 264.44m NOK → 278.0k NOK.

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

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

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-17.68m NOK -16.00m NOK
+9.5%
Net result
-27.24m NOK 0 NOK
+100.0%
Equity
264.44m NOK 278.0k NOK
-99.9%
Cash
25.43m NOK 61.00m NOK
+139.9%
Total assets
327.63m NOK 406.0k NOK
-99.9%

What improved

  • ↑

    Operating result improved

    Operating result -17.68m NOK → -16.00m NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 27.24m NOK to a profit of 0 NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 25.43m NOK → 61.00m NOK (+139.9% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 485.2k NOK → 496.0k NOK (+10.8k NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 3.62m NOK → 3.00m NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 264.44m NOK → 278.0k NOK (equity ratio 80.7% → 68.5%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 16.14m NOK → 5.35m NOK (-66.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 210.39m NOK → 206.00m NOK. Reported fact