4ADA AS: årsregnskap 2025 vs 2024
Shrank 51% on revenue, weaker earnings
approved 2026-05-25; registry 2026-06-01; journal 2026 498975
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for 4ADA AS. Revenue 295.3k NOK → 144.7k NOK (-51.0%). Net result -23.2k NOK → -901.7k NOK. Equity 630.2k NOK → -271.5k NOK.
On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for 4ADA AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -105.9k NOK → -65.2k NOK (op. margin -35.9% → -45.0%). Calculated
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Payroll decreased
Salary cost 2.10m NOK → 2 319 NOK (712% → 2% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 295.3k NOK to 144.7k NOK (-51.0% YoY). Calculated
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Net result weakened
Net result -23.2k NOK → -901.7k NOK (net margin -7.9% → -623.2%). Calculated
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↓
Equity eroded
Book equity 630.2k NOK → -271.5k NOK (equity ratio 37.6% → -32.9%). Calculated
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Cash fell
Bank deposits 432.4k NOK → 344.1k NOK (-20.4% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -32.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 111.7k NOK → 99.5k NOK (-10.9% YoY). Calculated
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Book investments changed
Investment / intangible book value 754.0k NOK → 50.5k NOK. Reported fact
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Headcount (årsverk) changed
Reported FTEs 1 → 0. Reported fact