Org.nr 928 539 350 2023 → 2024 Year-over-year analysis

4WARD AS: årsregnskap 2024 vs 2023

Grew 36% on revenue, returned to profit

registry 2025-05-31; journal 2025 486278

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 4WARD AS. Revenue 2.78m NOK → 3.78m NOK (+36.0%). Net result -146.4k NOK → +68.9k NOK. Equity 160.0k NOK → 228.9k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

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

Scorecard

Revenue
2.78m NOK 3.78m NOK
+36.0%
Operating result
-143.6k NOK +86.3k NOK
+160.1%
Net result
-146.4k NOK +68.9k NOK
+147.1%
Equity
160.0k NOK 228.9k NOK
+43.1%
Cash
31.4k NOK 234.2k NOK
+644.8%
Total assets
572.6k NOK 730.0k NOK
+27.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.78m NOK to 3.78m NOK (+36.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -143.6k NOK → +86.3k NOK (op. margin -5.2% → 2.3%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 146.4k NOK to a profit of 68.9k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 160.0k NOK → 228.9k NOK (equity ratio 27.9% → 31.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 31.4k NOK → 234.2k NOK (+644.8% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 43.5k NOK → 1.34m NOK (+2973.9% YoY). Calculated