4S LIGHTING AS: årsregnskap 2023 vs 2022
Grew 688% on revenue, cash halved-plus
approved 2024-06-18; registry 2024-06-20; journal 2024 524348
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 4S LIGHTING AS. Revenue 2.17m NOK → 17.06m NOK (+687.9%). Net result +824.0k NOK → +682.0k NOK. Equity 924.3k NOK → 360.5k NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for 4S LIGHTING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.17m NOK to 17.06m NOK (+687.9% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.57× → 8.79×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +785.9k NOK → +585.8k NOK (op. margin 36.3% → 3.4%). Calculated
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↓
Net result weakened
Net result +824.0k NOK → +682.0k NOK (net margin 38.1% → 4.0%). Calculated
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↓
Equity eroded
Book equity 924.3k NOK → 360.5k NOK (equity ratio 919.0% → 14.4%). Calculated
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↓
Cash fell
Bank deposits 221.9k NOK → 97.6k NOK (-56.0% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 10.92m NOK → 2.68m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 3 832 NOK → 2.96m NOK (0% → 17% of revenue). Calculated
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COGS moved
COGS / varekostnad 94.8k NOK → 7.94m NOK (+8274.4% YoY). Calculated
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Book investments changed
Investment / intangible book value 0 NOK → 1.24m NOK. Reported fact
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·
Headcount (årsverk) changed
Reported FTEs 0 → 1. Reported fact