Org.nr 918 710 469 2022 → 2023 Year-over-year analysis

4FF EIENDOM AS: årsregnskap 2023 vs 2022

Weaker earnings

approved 2024-05-31; registry 2024-07-01; journal 2024 552256

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 4FF EIENDOM AS. Revenue 3.89m NOK → 3.83m NOK (-1.6%). Net result -22.6k NOK → -528.1k NOK. Equity -9.24m NOK → -9.77m NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 4FF EIENDOM AS.

Scorecard

Revenue
3.89m NOK 3.83m NOK
-1.6%
Operating result
+774.7k NOK +829.0k NOK
+7.0%
Net result
-22.6k NOK -528.1k NOK
-2234.9%
Equity
-9.24m NOK -9.77m NOK
-5.7%
Cash
93.5k NOK 514.3k NOK
+450.4%
Total assets
47.19m NOK 46.44m NOK
-1.6%

What improved

  • ↑

    Operating result improved

    Operating result +774.7k NOK → +829.0k NOK (op. margin 19.9% → 21.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 93.5k NOK → 514.3k NOK (+450.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.89m NOK to 3.83m NOK (-1.6% YoY). Calculated

  • ↓

    Net result weakened

    Net result -22.6k NOK → -528.1k NOK (net margin -0.6% → -13.8%). Calculated

  • ↓

    Equity eroded

    Book equity -9.24m NOK → -9.77m NOK (equity ratio -19.6% → -21.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -21.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation