Org.nr 921 862 229 2023 → 2024 Year-over-year analysis

4SIGHT AS: årsregnskap 2024 vs 2023

Grew 29% on revenue, stronger earnings, cash halved-plus

registry 2025-05-28; journal 2025 436663

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 4SIGHT AS. Revenue 7.27m NOK → 9.34m NOK (+28.5%). Net result +262.0k NOK → +399.9k NOK. Equity 362.0k NOK → 761.9k NOK.

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

Also worth watching: thin equity buffer; sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for 4SIGHT AS.

Scorecard

Revenue
7.27m NOK 9.34m NOK
+28.5%
Operating result
+334.1k NOK +201.4k NOK
-39.7%
Net result
+262.0k NOK +399.9k NOK
+52.6%
Equity
362.0k NOK 761.9k NOK
+110.5%
Cash
8.46m NOK 522.0k NOK
-93.8%
Total assets
3.32m NOK 8.43m NOK
+153.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.27m NOK to 9.34m NOK (+28.5% YoY). Calculated

  • ↑

    Net result improved

    Net result +262.0k NOK → +399.9k NOK (net margin 3.6% → 4.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 362.0k NOK → 761.9k NOK (equity ratio 10.9% → 9.0%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +334.1k NOK → +201.4k NOK (op. margin 4.6% → 2.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 8.46m NOK → 522.0k NOK (-93.8% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (8.46m NOK → 522.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Payroll increased

    Salary cost 5.49m NOK → 7.29m NOK (75% → 78% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 101.9k NOK → 156.5k NOK (+53.6% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 8 → 8.5. Reported fact