4SUBSEA ASTORI AS: årsregnskap 2024 vs 2023
Shrank 46% on revenue, slipped into loss, cash halved-plus
approved 2025-06-30; registry 2025-08-11; journal 2025 663218
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for 4SUBSEA ASTORI AS. Revenue 17.25m NOK → 9.36m NOK (-45.7%). Net result +1.24m NOK → -4.56m NOK. Equity 14.37m NOK → 9.80m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: sharp cash drawdown; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for 4SUBSEA ASTORI AS.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 8.93m NOK → 8.18m NOK (52% → 87% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 17.25m NOK to 9.36m NOK (-45.7% YoY). Calculated
-
↓
Operating result weakened
Operating result +1.57m NOK → -6.15m NOK (op. margin 9.1% → -65.7%). Calculated
-
↓
Fell into a net loss
Net result flipped from 1.24m NOK profit to a loss of 4.56m NOK. Calculated
-
↓
Equity eroded
Book equity 14.37m NOK → 9.80m NOK (equity ratio 77.6% → 52.9%). Calculated
-
↓
Cash fell
Bank deposits 8.58m NOK → 3.36m NOK (-60.9% YoY). Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (8.58m NOK → 3.36m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
COGS fell
COGS / varekostnad 3.80m NOK → 3.43m NOK (-9.7% YoY). Calculated
-
·
Headcount (årsverk) changed
Reported FTEs 6 → 0. Reported fact