Org.nr 959 807 493 2012 → 2013 Year-over-year analysis

4H-VEST AS: årsregnskap 2013 vs 2012

Stronger earnings

approved 2014-06-30; registry 2014-08-09; journal 2014 637521

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for 4H-VEST AS. Revenue 439.5k NOK → 432.8k NOK (-1.5%). Net result +55.5k NOK → +265.0k NOK. Equity 4.37m NOK → 4.64m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 4H-VEST AS.

Scorecard

Revenue
439.5k NOK 432.8k NOK
-1.5%
Operating result
-24.9k NOK +101.3k NOK
+506.0%
Net result
+55.5k NOK +265.0k NOK
+377.7%
Equity
4.37m NOK 4.64m NOK
+6.1%
Cash
44.8k NOK 83.2k NOK
+85.8%
Total assets
5.38m NOK 6.08m NOK
+12.9%

What improved

  • ↑

    Operating result improved

    Operating result -24.9k NOK → +101.3k NOK (op. margin -5.7% → 23.4%). Calculated

  • ↑

    Net result improved

    Net result +55.5k NOK → +265.0k NOK (net margin 12.6% → 61.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.37m NOK → 4.64m NOK (equity ratio 81.3% → 76.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 44.8k NOK → 83.2k NOK (+85.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 439.5k NOK to 432.8k NOK (-1.5% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 553.8k NOK → 326.9k NOK. Reported fact