Org.nr 928 505 715 2024 → 2025 Year-over-year analysis

4WHEELS.NO AS: årsregnskap 2025 vs 2024

Shrank 41% on revenue, stronger earnings

approved 2026-05-23; registry 2026-05-27; journal 2026 472100

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for 4WHEELS.NO AS. Revenue 497.4k NOK → 292.3k NOK (-41.2%). Net result -74.5k NOK → -58.6k NOK. Equity -43.5k NOK → -102.0k 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; book investments changed. All figures are taken from the published annual accounts for 4WHEELS.NO AS.

Scorecard

Revenue
497.4k NOK 292.3k NOK
-41.2%
Operating result
-103.4k NOK +71.2k NOK
+168.9%
Net result
-74.5k NOK -58.6k NOK
+21.4%
Equity
-43.5k NOK -102.0k NOK
-134.7%
Cash
376.0k NOK 399.1k NOK
+6.2%
Total assets
2.10m NOK 2.17m NOK
+3.1%

What improved

  • ↑

    Operating result improved

    Operating result -103.4k NOK → +71.2k NOK (op. margin -20.8% → 24.4%). Calculated

  • ↑

    Net result improved

    Net result -74.5k NOK → -58.6k NOK (net margin -15.0% → -20.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 376.0k NOK → 399.1k NOK (+6.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 497.4k NOK to 292.3k NOK (-41.2% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -43.5k NOK → -102.0k NOK (equity ratio -2.1% → -4.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -4.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 258.9k NOK → 8 505 NOK (-96.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → -12.0k NOK. Reported fact