Org.nr 928 539 350 2022 → 2023 Year-over-year analysis

4WARD AS: årsregnskap 2023 vs 2022

Grew 95601% on revenue, slipped into loss, cash halved-plus

registry 2024-04-17; journal 2024 361015

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 4WARD AS. Revenue 2 901 NOK → 2.78m NOK (+95601.2%). Net result +276.4k NOK → -146.4k NOK. Equity 306.4k NOK → 160.0k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for 4WARD AS.

Scorecard

Revenue
2 901 NOK 2.78m NOK
+95601.2%
Operating result
+358.8k NOK -143.6k NOK
-140.0%
Net result
+276.4k NOK -146.4k NOK
-153.0%
Equity
306.4k NOK 160.0k NOK
-47.8%
Cash
255.9k NOK 31.4k NOK
-87.7%
Total assets
769.6k NOK 572.6k NOK
-25.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2 901 NOK to 2.78m NOK (+95601.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +358.8k NOK → -143.6k NOK (op. margin 12367.4% → -5.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 276.4k NOK profit to a loss of 146.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 306.4k NOK → 160.0k NOK (equity ratio 39.8% → 27.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 255.9k NOK → 31.4k NOK (-87.7% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 0 NOK → 43.5k NOK (None YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 3 825 NOK → 0 NOK. Reported fact