Org.nr 924 505 893 2023 → 2024 Year-over-year analysis

46FØRTI AS: årsregnskap 2024 vs 2023

Shrank 28% on revenue, stronger earnings

approved 2025-06-22; registry 2025-06-24; journal 2025 567568

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 46FØRTI AS. Revenue 1.98m NOK → 1.43m NOK (-27.7%). Net result -201.1k NOK → -58.1k NOK. Equity -68.4k NOK → -133.3k NOK.

On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 46FØRTI AS.

Scorecard

Revenue
1.98m NOK 1.43m NOK
-27.7%
Operating result
-193.4k NOK -20.4k NOK
+89.5%
Net result
-201.1k NOK -58.1k NOK
+71.1%
Equity
-68.4k NOK -133.3k NOK
-94.8%
Cash
48.1k NOK 27.2k NOK
-43.5%
Total assets
313.4k NOK 185.1k NOK
-40.9%

What improved

  • ↑

    Operating result improved

    Operating result -193.4k NOK → -20.4k NOK (op. margin -9.8% → -1.4%). Calculated

  • ↑

    Net result improved

    Net result -201.1k NOK → -58.1k NOK (net margin -10.1% → -4.1%). Calculated

  • ↑

    Payroll decreased

    Salary cost 484.6k NOK → 306.6k NOK (24% → 21% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.98m NOK to 1.43m NOK (-27.7% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -68.4k NOK → -133.3k NOK (equity ratio -21.8% → -72.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 48.1k NOK → 27.2k NOK (-43.5% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 30.1k NOK → 621.0k NOK (+1959.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -72.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation