Org.nr 979 584 296 2023 → 2024 Year-over-year analysis

4KNITS AS: årsregnskap 2024 vs 2023

Shrank 9% on revenue, returned to profit

approved 2025-06-04; registry 2025-06-18; journal 2025 532534

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 4KNITS AS. Revenue 21.40m NOK → 19.53m NOK (-8.7%). Net result -742.6k NOK → +8.84m NOK. Equity 4.33m NOK → 5.18m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.

Also worth watching: cogs fell; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for 4KNITS AS.

Scorecard

Revenue
21.40m NOK 19.53m NOK
-8.7%
Operating result
-861.5k NOK +924.9k NOK
+207.4%
Net result
-742.6k NOK +8.84m NOK
+1290.6%
Equity
4.33m NOK 5.18m NOK
+19.4%
Cash
162.3k NOK 149.4k NOK
-7.9%
Total assets
6.22m NOK 6.36m NOK
+2.3%

What improved

  • ↑

    Operating result improved

    Operating result -861.5k NOK → +924.9k NOK (op. margin -4.0% → 4.7%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 742.6k NOK to a profit of 8.84m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 4.33m NOK → 5.18m NOK (equity ratio 69.7% → 81.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 21.40m NOK to 19.53m NOK (-8.7% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 162.3k NOK → 149.4k NOK (-7.9% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 11.47m NOK → 9.57m NOK (-16.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 399.6k NOK → 336.7k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 8 → 5.7. Reported fact