4ELEMENTS AS: årsregnskap 2024 vs 2023
Shrank 38% on revenue, weaker earnings, cash halved-plus
approved 2025-05-29; registry 2025-06-02; journal 2025 497275
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for 4ELEMENTS AS. Revenue 261.0k NOK → 161.7k NOK (-38.1%). Net result -51.7k NOK → -89.5k NOK. Equity -129.2k NOK → -218.7k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for 4ELEMENTS AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 19.1k NOK → 10.7k NOK (7% → 7% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 261.0k NOK to 161.7k NOK (-38.1% YoY). Calculated
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↓
Operating result weakened
Operating result -51.7k NOK → -88.0k NOK (op. margin -19.8% → -54.4%). Calculated
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↓
Net result weakened
Net result -51.7k NOK → -89.5k NOK (net margin -19.8% → -55.4%). Calculated
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↓
Equity eroded
Book equity -129.2k NOK → -218.7k NOK. Calculated
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↓
Cash fell
Bank deposits 6 512 NOK → 937 NOK (-85.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -82.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 58.6k NOK → 31.9k NOK (-45.6% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 1 → 0. Reported fact