4H-VEST AS: årsregnskap 2006 vs 2005
Stronger earnings
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for 4H-VEST AS. Net result +308.1k NOK → +659.4k NOK. Equity 834.6k NOK → 494.0k NOK.
On the constructive side: net result improved. Pressures included: operating result weakened; equity eroded.
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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↑
Net result improved
Net result +308.1k NOK → +659.4k NOK. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +155.7k NOK → +42.5k NOK. Calculated
-
↓
Equity eroded
Book equity 834.6k NOK → 494.0k NOK (equity ratio 17.3% → 9.4%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 9.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 670.6k NOK → 805.0k NOK. Reported fact