4H-VEST AS: årsregnskap 2015 vs 2014
Shrank 55% on revenue, cash halved-plus
approved 2016-06-20; registry 2016-06-29; journal 2016 594143
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for 4H-VEST AS. Revenue 411.0k NOK → 185.3k NOK (-54.9%). Equity 5.90m NOK → 10.35m NOK.
On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: revenue fell; cash fell.
Also worth watching: paid-in equity reduced; 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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↑
Equity strengthened
Book equity 5.90m NOK → 10.35m NOK (equity ratio 82.1% → 98.4%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.65× → 33.83×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 411.0k NOK to 185.3k NOK (-54.9% YoY). Calculated
-
↓
Cash fell
Bank deposits 446.9k NOK → 99.5k NOK (-77.7% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 96.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 1.28m NOK → 1.61m NOK. Reported fact