Org.nr 914 620 406 2024 → 2025 Year-over-year analysis

4 1/2 FICTION AS: årsregnskap 2025 vs 2024

Shrank 91% on revenue, stronger earnings, cash halved-plus

approved 2026-07-02; registry 2026-08-04; journal 2026 681980

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for 4 1/2 FICTION AS. Revenue 3.28m NOK → 300.0k NOK (-90.8%). Net result +153.2k NOK → +542.3k NOK. Equity 16.60m NOK → 17.14m NOK.

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

Also worth watching: cogs fell; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for 4 1/2 FICTION AS.

Scorecard

Revenue
3.28m NOK 300.0k NOK
-90.8%
Operating result
+289.3k NOK -584.3k NOK
-302.0%
Net result
+153.2k NOK +542.3k NOK
+253.9%
Equity
16.60m NOK 17.14m NOK
+3.3%
Cash
286.7k NOK 69.5k NOK
-75.8%
Total assets
22.52m NOK 46.44m NOK
+106.2%

What improved

  • ↑

    Net result improved

    Net result +153.2k NOK → +542.3k NOK (net margin 4.7% → 180.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 16.60m NOK → 17.14m NOK (equity ratio 73.7% → 36.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.28m NOK to 300.0k NOK (-90.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +289.3k NOK → -584.3k NOK (op. margin 8.8% → -194.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 286.7k NOK → 69.5k NOK (-75.8% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost -6 369 NOK → 20.5k NOK (-0% → 7% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.68m NOK → 1.64m NOK (-39.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 9.75m NOK → 13.73m NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 3. Reported fact