FirmaIQ
Org.nr 897 392 232 2022 → 2023 Year-over-year analysis

4SERVICE GRUPPEN AS: årsregnskap 2023 vs 2022

Stronger earnings, cash halved-plus

registry 2024-05-30; journal 2024 396261

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for 4SERVICE GRUPPEN AS. Revenue 81.02m NOK → 77.29m NOK (-4.6%). Net result +113.40m NOK → +195.40m NOK. Equity 374.89m NOK → 8.56bn NOK.

On the constructive side: net result improved; equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; cash fell.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for 4SERVICE GRUPPEN AS.

At a glance

Scorecard

Revenue
81.02m NOK 77.29m NOK
-4.6%
Operating result
-15.93m NOK -30.42m NOK
-90.9%
Net result
+113.40m NOK +195.40m NOK
+72.3%
Equity
374.89m NOK 8.56bn NOK
+2183.4%
Cash
27.07m NOK 9.81m NOK
-63.7%
Total assets
1.64bn NOK 1.82bn NOK
+11.1%

What improved

  • ↑

    Net result improved

    Net result +113.40m NOK → +195.40m NOK (net margin 140.0% → 252.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 374.89m NOK → 8.56bn NOK (equity ratio 22.9% → 470.7%). Calculated

  • ↑

    Payroll decreased

    Salary cost 35.08m NOK → 31.02m NOK (43% → 40% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 81.02m NOK to 77.29m NOK (-4.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -15.93m NOK → -30.42m NOK (op. margin -19.7% → -39.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 27.07m NOK → 9.81m NOK (-63.7% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (27.07m NOK → 9.81m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation