Org.nr 919 825 480 2023 → 2024 Year-over-year analysis

4X4 MEDEX AS: årsregnskap 2024 vs 2023

Weaker earnings

approved 2025-05-09; registry 2025-05-12; journal 2025 424273

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 4X4 MEDEX AS. Revenue 939.6k NOK → 918.4k NOK (-2.3%). Net result +378.2k NOK → +245.0k NOK. Equity 1.61m NOK → 1.50m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 4X4 MEDEX AS.

Scorecard

Revenue
939.6k NOK 918.4k NOK
-2.3%
Operating result
+489.8k NOK +344.3k NOK
-29.7%
Net result
+378.2k NOK +245.0k NOK
-35.2%
Equity
1.61m NOK 1.50m NOK
-6.5%
Cash
845.9k NOK 813.3k NOK
-3.8%
Total assets
2.27m NOK 2.06m NOK
-9.2%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 939.6k NOK to 918.4k NOK (-2.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +489.8k NOK → +344.3k NOK (op. margin 52.1% → 37.5%). Calculated

  • ↓

    Net result weakened

    Net result +378.2k NOK → +245.0k NOK (net margin 40.2% → 26.7%). Calculated

  • ↓

    Equity eroded

    Book equity 1.61m NOK → 1.50m NOK (equity ratio 70.8% → 72.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 845.9k NOK → 813.3k NOK (-3.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 137.1k NOK → 89.4k NOK (-34.8% YoY). Calculated