Org.nr 923 177 345 2023 → 2024 Year-over-year analysis

4ADA AS: årsregnskap 2024 vs 2023

Shrank 31% on revenue, stronger earnings

approved 2025-06-30; registry 2025-07-02; journal 2025 613662

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 4ADA AS. Revenue 425.4k NOK → 295.3k NOK (-30.6%). Net result -677.1k NOK → -23.2k NOK. Equity 653.4k NOK → 630.2k NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 4ADA AS.

Scorecard

Revenue
425.4k NOK 295.3k NOK
-30.6%
Operating result
-244.1k NOK -105.9k NOK
+56.6%
Net result
-677.1k NOK -23.2k NOK
+96.6%
Equity
653.4k NOK 630.2k NOK
-3.6%
Cash
155.3k NOK 432.4k NOK
+178.5%
Total assets
2.51m NOK 1.67m NOK
-33.3%

What improved

  • ↑

    Operating result improved

    Operating result -244.1k NOK → -105.9k NOK (op. margin -57.4% → -35.9%). Calculated

  • ↑

    Net result improved

    Net result -677.1k NOK → -23.2k NOK (net margin -159.2% → -7.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 155.3k NOK → 432.4k NOK (+178.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 425.4k NOK to 295.3k NOK (-30.6% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 653.4k NOK → 630.2k NOK (equity ratio 26.0% → 37.6%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 214.6k NOK → 2.10m NOK (50% → 712% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 47.2k NOK → 111.7k NOK (+136.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.90m NOK → 754.0k NOK. Reported fact