4SERVICE LANDANLEGG AS: årsregnskap 2024 vs 2023
Shrank 43% on revenue, cash halved-plus
registry 2025-06-23; journal 2025 550914
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for 4SERVICE LANDANLEGG AS. Revenue 1.82bn NOK → 1.04bn NOK (-43.0%). Net result +97.17m NOK → +115.86m NOK. Equity 38.64m NOK → 61.19m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +121.44m NOK → +142.70m NOK (op. margin 6.7% → 13.7%). Calculated
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Net result improved
Net result +97.17m NOK → +115.86m NOK (net margin 5.3% → 11.2%). Calculated
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Equity strengthened
Book equity 38.64m NOK → 61.19m NOK (equity ratio 10.2% → 11.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.82bn NOK to 1.04bn NOK (-43.0% YoY). Calculated
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↓
Cash fell
Bank deposits 223.4k NOK → 16.9k NOK (-92.4% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 2.24bn NOK → 2.30bn NOK (123% → 221% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 311.14m NOK → 384.87m NOK (+23.7% YoY). Calculated