4X4 MEDICINE AS: årsregnskap 2023 vs 2022
Weaker earnings
registry 2024-03-09; journal 2024 322493
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 4X4 MEDICINE AS. Revenue 694.9k NOK → 679.3k NOK (-2.2%). Net result +2.18m NOK → +171.8k NOK. Equity 1.65m NOK → 782.4k NOK.
On the constructive side: cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 4X4 MEDICINE AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 101.6k NOK → 1.13m NOK (+1012.1% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 390.4k NOK → 431.9k NOK (+41.5k NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 694.9k NOK to 679.3k NOK (-2.2% YoY). Calculated
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↓
Operating result weakened
Operating result +257.4k NOK → +201.6k NOK (op. margin 37.0% → 29.7%). Calculated
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↓
Net result weakened
Net result +2.18m NOK → +171.8k NOK (net margin 313.5% → 25.3%). Calculated
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↓
Equity eroded
Book equity 1.65m NOK → 782.4k NOK (equity ratio 62.6% → 53.0%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 583.3k NOK → 291.7k NOK. Reported fact