Org.nr 988 920 738 2023 → 2024 Year-over-year analysis

4 REAL AS: årsregnskap 2024 vs 2023

Shrank 46% on revenue, weaker earnings

approved 2025-05-09; registry 2025-05-15; journal 2025 435958

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 4 REAL AS. Revenue 1.73m NOK → 933.2k NOK (-46.1%). Net result +313.0k NOK → +129.4k NOK. Equity 67.4k NOK → 196.8k NOK.

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

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for 4 REAL AS.

Scorecard

Revenue
1.73m NOK 933.2k NOK
-46.1%
Operating result
+395.7k NOK +167.7k NOK
-57.6%
Net result
+313.0k NOK +129.4k NOK
-58.7%
Equity
67.4k NOK 196.8k NOK
+191.9%
Cash
-21.3k NOK 53.5k NOK
+351.1%
Total assets
762.0k NOK 336.7k NOK
-55.8%

What improved

  • ↑

    Equity strengthened

    Book equity 67.4k NOK → 196.8k NOK (equity ratio 8.8% → 58.5%). Calculated

  • ↑

    Cash rose

    Bank deposits -21.3k NOK → 53.5k NOK (+351.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.80m NOK → 2.46m NOK (220% → 264% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.73m NOK to 933.2k NOK (-46.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +395.7k NOK → +167.7k NOK (op. margin 22.9% → 18.0%). Calculated

  • ↓

    Net result weakened

    Net result +313.0k NOK → +129.4k NOK (net margin 18.1% → 13.9%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 35.6k NOK → 2 716 NOK (-92.4% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 2. Reported fact