Org.nr 923 716 416 2022 → 2023 Year-over-year analysis

4H HOLDING AS: årsregnskap 2023 vs 2022

Weaker earnings, cash halved-plus

approved 2024-06-30; registry 2024-07-29; journal 2024 681986

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 4H HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -2 078 NOK → -17.0k NOK. Equity 22.7k NOK → 5 668 NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 4H HOLDING AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-2 664 NOK -13.4k NOK
-401.5%
Net result
-2 078 NOK -17.0k NOK
-718.0%
Equity
22.7k NOK 5 668 NOK
-75.0%
Cash
2 159 NOK 21 NOK
-99.0%
Total assets
29.8k NOK 100.0k NOK
+235.7%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -2 664 NOK → -13.4k NOK. Calculated

  • ↓

    Net result weakened

    Net result -2 078 NOK → -17.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 22.7k NOK → 5 668 NOK (equity ratio 76.1% → 5.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 2 159 NOK → 21 NOK (-99.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 5.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation