Gotland Art & Design (GAD) Q4 2024 earnings summary

Executive summary

• Operations began in December 2023 after acquiring assets from a bankrupt predecessor, incurring one-time costs related to previous suppliers.

• Built up inventory and established a functioning business, positioning for growth in 2025.

Financial highlights

• Net sales for the period were SEK 17,415,156.

• Operating profit amounted to SEK 639,479.

• Net income for the period was SEK 408,066.

• Total assets at year-end were SEK 5,480,234.

• Equity at year-end was SEK 458,066.

Outlook and guidance

• The company is well positioned for 2025 after establishing operations and inventory.