4 STORE AS: årsregnskap 2023 vs 2022
Shrank 14% on revenue, stronger earnings
approved 2024-04-25; registry 2024-06-22; journal 2024 506838
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 4 STORE AS. Revenue 15.44m NOK → 13.36m NOK (-13.5%). Net result -890.6k NOK → -494.5k NOK. Equity 1.48m NOK → 5.98m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 4 STORE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -891.3k NOK → -502.8k NOK (op. margin -5.8% → -3.8%). Calculated
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Net result improved
Net result -890.6k NOK → -494.5k NOK (net margin -5.8% → -3.7%). Calculated
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↑
Equity strengthened
Book equity 1.48m NOK → 5.98m NOK (equity ratio 37.5% → 194.4%). Calculated
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Payroll decreased
Salary cost 9.16m NOK → 7.20m NOK (59% → 54% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 15.44m NOK to 13.36m NOK (-13.5% YoY). Calculated
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↓
Cash fell
Bank deposits 3.10m NOK → 2.39m NOK (-22.9% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 4.00m NOK → 3.66m NOK (-8.4% YoY). Calculated