4H-VEST AS: årsregnskap 2019 vs 2018
Shrank 20% on revenue
approved 2020-05-15; registry 2020-10-03; journal 2020 895176
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 4H-VEST AS. Revenue 139.1k NOK → 110.8k NOK (-20.4%). Net result +630.8k NOK → +654.6k NOK. Equity 13.96m NOK → 14.62m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.
Also worth watching: 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 13.96m NOK → 14.62m NOK (equity ratio 90.4% → 89.7%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 139.1k NOK to 110.8k NOK (-20.4% YoY). Calculated
-
↓
Operating result weakened
Operating result -93.1k NOK → -103.5k NOK (op. margin -66.9% → -93.4%). Calculated
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↓
Cash fell
Bank deposits 201.3k NOK → 164.3k NOK (-18.4% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 6.63m NOK → 8.10m NOK. Reported fact