Org.nr 974 453 428 2024 → 2025 Year-over-year analysis

4S LIGHTING AS: årsregnskap 2025 vs 2024

Shrank 74% on revenue, slipped into loss, cash halved-plus

approved 2026-01-15; registry 2026-02-26; journal 2026 318733

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for 4S LIGHTING AS. Revenue 7.44m NOK → 1.92m NOK (-74.2%). Net result +206.7k NOK → -994.1k NOK. Equity -1.46m NOK → 1.95m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 4S LIGHTING AS.

Scorecard

Revenue
7.44m NOK 1.92m NOK
-74.2%
Operating result
+2.80m NOK -194.5k NOK
-107.0%
Net result
+206.7k NOK -994.1k NOK
-581.0%
Equity
-1.46m NOK 1.95m NOK
+233.2%
Cash
316.9k NOK 120.6k NOK
-61.9%
Total assets
3.17m NOK 6.75m NOK
+113.0%

What improved

  • ↑

    Equity strengthened

    Book equity -1.46m NOK → 1.95m NOK (equity ratio -46.1% → 28.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.44m NOK to 1.92m NOK (-74.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.80m NOK → -194.5k NOK (op. margin 37.6% → -10.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 206.7k NOK profit to a loss of 994.1k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 316.9k NOK → 120.6k NOK (-61.9% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 435.0k NOK → 3.73m NOK (6% → 194% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 3.32m NOK → 777.8k NOK (-76.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 2.49m NOK → 5 400 NOK. Reported fact