Org.nr 925 377 988 2022 → 2023 Year-over-year analysis

4 MOTION K9 AS: årsregnskap 2023 vs 2022

Another loss-making year

approved 2024-03-31; registry 2024-04-03; journal 2024 343798

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 4 MOTION K9 AS. Equity 7 072 NOK → -8 900 NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 4 MOTION K9 AS.

Scorecard

Revenue
n/m 9 877 NOK
—
Operating result
-8 100 NOK +792 NOK
+109.8%
Net result
n/m -16.0k NOK
—
Equity
7 072 NOK -8 900 NOK
-225.8%
Cash
28.8k NOK 38.1k NOK
+32.6%
Total assets
45.6k NOK 38.1k NOK
-16.3%

What improved

  • ↑

    Operating result improved

    Operating result -8 100 NOK → +792 NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 28.8k NOK → 38.1k NOK (+32.6% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 7 072 NOK → -8 900 NOK (equity ratio 15.5% → -23.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -23.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation