4S BUSINESS CONSULTING AS: årsregnskap 2023 vs 2022
Shrank 23% on revenue, stronger earnings
approved 2024-05-19; registry 2024-05-22; journal 2024 425197
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 4S BUSINESS CONSULTING AS. Revenue 2.15m NOK → 1.66m NOK (-22.5%). Net result -209.5k NOK → -10.9k NOK. Equity 86.4k NOK → 75.5k NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; cogs moved.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 4S BUSINESS CONSULTING AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -140.9k NOK → +70.8k NOK (op. margin -6.6% → 4.3%). Calculated
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Net result improved
Net result -209.5k NOK → -10.9k NOK (net margin -9.8% → -0.7%). Calculated
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Cash rose
Bank deposits 323 NOK → 50.7k NOK (+15607.4% YoY). Calculated
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Payroll decreased
Salary cost 2.46m NOK → 3 163 NOK (115% → 0% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 2.15m NOK to 1.66m NOK (-22.5% YoY). Calculated
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Equity eroded
Book equity 86.4k NOK → 75.5k NOK (equity ratio 1.2% → 1.2%). Calculated
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COGS moved
COGS / varekostnad 817.4k NOK → 984.1k NOK (+20.4% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 1 399 NOK → 0 NOK. Reported fact