Org.nr 997 649 117 2023 → 2024 Year-over-year analysis

4SERVICE AS: årsregnskap 2024 vs 2023

Grew 21% on revenue, weaker earnings, fresh owner capital

registry 2025-07-12; journal 2025 660050

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 4SERVICE AS. Revenue 96.30m NOK → 116.10m NOK (+20.6%). Net result -7.89m NOK → -15.01m NOK. Equity 1.13m NOK → 6.57m NOK.

On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened; net result weakened.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for 4SERVICE AS.

Scorecard

Revenue
96.30m NOK 116.10m NOK
+20.6%
Operating result
-7.22m NOK -12.89m NOK
-78.6%
Net result
-7.89m NOK -15.01m NOK
-90.1%
Equity
1.13m NOK 6.57m NOK
+479.4%
Cash
88.8k NOK 88.8k NOK
0.0%
Total assets
139.81m NOK 187.47m NOK
+34.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 96.30m NOK to 116.10m NOK (+20.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.13m NOK → 6.57m NOK (equity ratio 0.8% → 3.5%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 8.32m NOK → 22.76m NOK (+14.44m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -7.22m NOK → -12.89m NOK (op. margin -7.5% → -11.1%). Calculated

  • ↓

    Net result weakened

    Net result -7.89m NOK → -15.01m NOK (net margin -8.2% → -12.9%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 66.83m NOK → 85.54m NOK (69% → 74% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 648.6k NOK → 54.2k NOK (-91.6% YoY). Calculated