4H-VEST AS: årsregnskap 1993 vs 1992
Shrank 30% on revenue
Summary
What changed
Comparing Årsregnskap 1993 with 1992 for 4H-VEST AS. Revenue 951.2k NOK → 661.7k NOK (-30.4%). Equity 61.0k NOK → 75.9k NOK.
On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 4H-VEST AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +6 439 NOK → +92.9k NOK (op. margin 0.7% → 14.0%). Calculated
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↑
Equity strengthened
Book equity 61.0k NOK → 75.9k NOK (equity ratio 11.2% → 8.2%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 951.2k NOK to 661.7k NOK (-30.4% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 0 NOK → 6 348 NOK. Reported fact