4X4 MEDEX AS: årsregnskap 2025 vs 2024
Shrank 51% on revenue, stronger earnings, cash halved-plus
approved 2026-06-25; registry 2026-06-29; journal 2026 594816
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for 4X4 MEDEX AS. Revenue 918.4k NOK → 450.2k NOK (-51.0%). Net result +245.0k NOK → +807.7k NOK. Equity 1.50m NOK → 998.4k NOK.
On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for 4X4 MEDEX AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +245.0k NOK → +807.7k NOK (net margin 26.7% → 179.4%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 918.4k NOK to 450.2k NOK (-51.0% YoY). Calculated
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↓
Operating result weakened
Operating result +344.3k NOK → -104.1k NOK (op. margin 37.5% → -23.1%). Calculated
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↓
Equity eroded
Book equity 1.50m NOK → 998.4k NOK (equity ratio 72.9% → 65.8%). Calculated
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↓
Cash fell
Bank deposits 813.3k NOK → 275.6k NOK (-66.1% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 89.4k NOK → 113.9k NOK (+27.4% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 536.9k NOK → 135.0k NOK — check capital reduction, conversion, or reclassification. Interpretation