4WHEELS.NO AS: årsregnskap 2023 vs 2022
Grew 70558% on revenue, slipped into loss, cash halved-plus
approved 2024-04-29; registry 2024-05-15; journal 2024 413601
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 4WHEELS.NO AS. Revenue 2 262 NOK → 1.60m NOK (+70558.4%). Net result +4.11m NOK → -107.1k NOK. Equity 4.14m NOK → 31.0k NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for 4WHEELS.NO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2 262 NOK to 1.60m NOK (+70558.4% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.51× → 60.15×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +138.5k NOK → -139.6k NOK (op. margin 6124.9% → -8.7%). Calculated
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↓
Fell into a net loss
Net result flipped from 4.11m NOK profit to a loss of 107.1k NOK. Calculated
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↓
Equity eroded
Book equity 4.14m NOK → 31.0k NOK (equity ratio 236.6% → 1.4%). Calculated
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↓
Cash fell
Bank deposits 176.1k NOK → 8 067 NOK (-95.4% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 1.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 1 644 NOK → 1.42m NOK (+86284.8% YoY). Calculated