Org.nr 984 974 493 2023 → 2024 Year-over-year analysis

4TEST INSTRUMENT AS: årsregnskap 2024 vs 2023

Shrank 24% on revenue

approved 2025-03-21; registry 2025-04-15; journal 2025 358870

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 4TEST INSTRUMENT AS. Revenue 44.35m NOK → 33.75m NOK (-23.9%). Net result +5.65m NOK → +4.59m NOK. Equity 2.50m NOK → 3.09m NOK.

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

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

Scorecard

Revenue
44.35m NOK 33.75m NOK
-23.9%
Operating result
+7.19m NOK +5.90m NOK
-18.0%
Net result
+5.65m NOK +4.59m NOK
-18.8%
Equity
2.50m NOK 3.09m NOK
+23.7%
Cash
3.49m NOK 2.96m NOK
-15.1%
Total assets
12.47m NOK 12.30m NOK
-1.3%

What improved

  • ↑

    Equity strengthened

    Book equity 2.50m NOK → 3.09m NOK (equity ratio 20.0% → 25.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 44.35m NOK to 33.75m NOK (-23.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +7.19m NOK → +5.90m NOK (op. margin 16.2% → 17.5%). Calculated

  • ↓

    Net result weakened

    Net result +5.65m NOK → +4.59m NOK (net margin 12.7% → 13.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.49m NOK → 2.96m NOK (-15.1% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 3.37m NOK → 4.26m NOK (8% → 13% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 31.23m NOK → 20.74m NOK (-33.6% YoY). Calculated