4H-VEST AS: årsregnskap 2020 vs 2019
Grew 591% on revenue, weaker earnings
approved 2021-08-31; registry 2021-10-18; journal 2021 829146
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 4H-VEST AS. Revenue 110.8k NOK → 766.0k NOK (+591.3%). Net result +654.6k NOK → +130.7k NOK. Equity 14.62m NOK → 14.67m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
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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↑
Revenue rose
Operating income / revenue moved from 110.8k NOK to 766.0k NOK (+591.3% YoY). Calculated
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↑
Equity strengthened
Book equity 14.62m NOK → 14.67m NOK (equity ratio 89.7% → 74.5%). Calculated
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↑
Cash rose
Bank deposits 164.3k NOK → 965.1k NOK (+487.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -103.5k NOK → -116.5k NOK (op. margin -93.4% → -15.2%). Calculated
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↓
Net result weakened
Net result +654.6k NOK → +130.7k NOK (net margin 590.8% → 17.1%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 8.10m NOK → 4.57m NOK. Reported fact