Org.nr 928 505 715 2023 → 2024 Year-over-year analysis

4WHEELS.NO AS: årsregnskap 2024 vs 2023

Shrank 69% on revenue, stronger earnings

approved 2025-06-30; registry 2025-07-02; journal 2025 616086

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 4WHEELS.NO AS. Revenue 1.60m NOK → 497.4k NOK (-68.9%). Net result -107.1k NOK → -74.5k NOK. Equity 31.0k NOK → -43.5k NOK.

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

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 4WHEELS.NO AS.

Scorecard

Revenue
1.60m NOK 497.4k NOK
-68.9%
Operating result
-139.6k NOK -103.4k NOK
+26.0%
Net result
-107.1k NOK -74.5k NOK
+30.5%
Equity
31.0k NOK -43.5k NOK
-240.2%
Cash
8 067 NOK 376.0k NOK
+4560.5%
Total assets
2.15m NOK 2.10m NOK
-2.1%

What improved

  • ↑

    Operating result improved

    Operating result -139.6k NOK → -103.4k NOK (op. margin -8.7% → -20.8%). Calculated

  • ↑

    Net result improved

    Net result -107.1k NOK → -74.5k NOK (net margin -6.7% → -15.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 8 067 NOK → 376.0k NOK (+4560.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.60m NOK to 497.4k NOK (-68.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 31.0k NOK → -43.5k NOK (equity ratio 1.4% → -2.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -2.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 1.42m NOK → 258.9k NOK (-81.8% YoY). Calculated