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2024-04-30 17:00:00
Today Go North Group AB published its annual report, in both Swedish and English, which is available in the IR section on its webpage https://gonorth.co/investors-relations/. It is important to note that while the report is available in both languages, the Swedish version is the original, audited report and holds interpretive precedence in case of any discrepancies or ambiguities.
Commentary on the business activities behind the 2023 financial performance was included in the Q4 2023 interim report published on February 29, 2024, and available in the IR section of Go North's webpage.
The annual report includes the final and audited 2023 financial data for the group.
The financial overview metrics for the full year 2023 are:
Jan-Dec 2023 | Jan-Dec 2022 | |
Net sales | 650,273 | 118,224 |
Adjusted EBITDA | -4,004 | -3,948 |
EBITA | -30,491 | -18,423 |
Net debt / Adjusted EBITDA | N/A | N/A |
Cash flow from operating activities | -189,089 | -84,465 |
ROCE | -12.8% | -3.4% |