Org.nr 988 920 738 2024 → 2025 Year-over-year analysis

4 REAL AS: årsregnskap 2025 vs 2024

Shrank 15% on revenue, weaker earnings, cash halved-plus

approved 2026-06-15; registry 2026-06-16; journal 2026 550506

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for 4 REAL AS. Revenue 933.2k NOK → 797.6k NOK (-14.5%). Net result +129.4k NOK → +27.7k NOK. Equity 196.8k NOK → 134.5k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

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

Scorecard

Revenue
933.2k NOK 797.6k NOK
-14.5%
Operating result
+167.7k NOK +43.4k NOK
-74.1%
Net result
+129.4k NOK +27.7k NOK
-78.6%
Equity
196.8k NOK 134.5k NOK
-31.7%
Cash
53.5k NOK -14.4k NOK
-127.0%
Total assets
336.7k NOK 393.7k NOK
+16.9%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 933.2k NOK to 797.6k NOK (-14.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +167.7k NOK → +43.4k NOK (op. margin 18.0% → 5.4%). Calculated

  • ↓

    Net result weakened

    Net result +129.4k NOK → +27.7k NOK (net margin 13.9% → 3.5%). Calculated

  • ↓

    Equity eroded

    Book equity 196.8k NOK → 134.5k NOK (equity ratio 58.5% → 34.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 53.5k NOK → -14.4k NOK (-127.0% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2 → 1. Reported fact