FirmaIQ
Org.nr 984 974 493 2022 → 2023 Year-over-year analysis

4TEST INSTRUMENT AS: årsregnskap 2023 vs 2022

Grew 38% on revenue, stronger earnings

approved 2024-02-27; registry 2024-03-18; journal 2024 331021

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for 4TEST INSTRUMENT AS. Revenue 32.25m NOK → 44.35m NOK (+37.5%). Net result +3.93m NOK → +5.65m NOK. Equity 2.00m NOK → 2.50m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 4TEST INSTRUMENT AS.

At a glance

Scorecard

Revenue
32.25m NOK 44.35m NOK
+37.5%
Operating result
+5.04m NOK +7.19m NOK
+42.7%
Net result
+3.93m NOK +5.65m NOK
+43.8%
Equity
2.00m NOK 2.50m NOK
+25.0%
Cash
4.72m NOK 3.49m NOK
-26.1%
Total assets
11.14m NOK 12.47m NOK
+11.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 32.25m NOK to 44.35m NOK (+37.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +5.04m NOK → +7.19m NOK (op. margin 15.6% → 16.2%). Calculated

  • ↑

    Net result improved

    Net result +3.93m NOK → +5.65m NOK (net margin 12.2% → 12.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.00m NOK → 2.50m NOK (equity ratio 17.9% → 20.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.45m NOK → 3.37m NOK (11% → 8% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 4.72m NOK → 3.49m NOK (-26.1% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 21.83m NOK → 31.23m NOK (+43.0% YoY). Calculated