Org.nr 998 354 706 2023 → 2024 Year-over-year analysis

4 SEAS AS: årsregnskap 2024 vs 2023

Stronger earnings

approved 2025-06-30; registry 2025-07-16; journal 2025 671581

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 4 SEAS AS. Net result -1.45m NOK → -703.3k NOK. Equity -3.99m NOK → -4.70m NOK.

On the constructive side: operating result improved; net 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 SEAS AS.

Scorecard

Operating result
-918.1k NOK -62.9k NOK
+93.2%
Net result
-1.45m NOK -703.3k NOK
+51.4%
Equity
-3.99m NOK -4.70m NOK
-17.6%
Cash
18.4k NOK 91.3k NOK
+395.6%
Total assets
6.51m NOK 6.59m NOK
+1.1%

What improved

  • ↑

    Operating result improved

    Operating result -918.1k NOK → -62.9k NOK. Calculated

  • ↑

    Net result improved

    Net result -1.45m NOK → -703.3k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 18.4k NOK → 91.3k NOK (+395.6% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -3.99m NOK → -4.70m NOK (equity ratio -61.3% → -71.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -71.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation