Org.nr 923 959 785 2023 → 2024 Year-over-year analysis

4FAG AS: årsregnskap 2024 vs 2023

Shrank 12% on revenue, cash halved-plus

approved 2025-06-30; registry 2025-08-04; journal 2025 735797

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 4FAG AS. Revenue 4.33m NOK → 3.83m NOK (-11.7%). Net result -597.8k NOK → -564.6k NOK. Equity 464.8k NOK → 92.5k NOK.

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

Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for 4FAG AS.

Scorecard

Revenue
4.33m NOK 3.83m NOK
-11.7%
Operating result
-707.1k NOK -664.2k NOK
+6.1%
Net result
-597.8k NOK -564.6k NOK
+5.6%
Equity
464.8k NOK 92.5k NOK
-80.1%
Cash
540.1k NOK 177.8k NOK
-67.1%
Total assets
4.00m NOK 3.29m NOK
-17.7%

What improved

  • ↑

    Operating result improved

    Operating result -707.1k NOK → -664.2k NOK (op. margin -16.3% → -17.4%). Calculated

  • ↑

    Net result improved

    Net result -597.8k NOK → -564.6k NOK (net margin -13.8% → -14.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.33m NOK to 3.83m NOK (-11.7% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 464.8k NOK → 92.5k NOK (equity ratio 11.6% → 2.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 540.1k NOK → 177.8k NOK (-67.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 1.61m NOK → 1.26m NOK (-21.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 20.0k NOK → 70.8k NOK. Reported fact