4H-VEST AS: årsregnskap 2021 vs 2020
Grew 1270% on revenue, weaker earnings
approved 2022-07-29; registry 2022-08-13; journal 2022 854132
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 4H-VEST AS. Revenue 766.0k NOK → 10.49m NOK (+1270.0%). Net result +130.7k NOK → +1 010 NOK. Equity 14.67m NOK → 13.91m NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: payroll increased; cogs moved; 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 766.0k NOK to 10.49m NOK (+1270.0% YoY). Calculated
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↑
Operating result improved
Operating result -116.5k NOK → +682.2k NOK (op. margin -15.2% → 6.5%). Calculated
What deteriorated
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↓
Net result weakened
Net result +130.7k NOK → +1 010 NOK (net margin 17.1% → 0.0%). Calculated
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↓
Equity eroded
Book equity 14.67m NOK → 13.91m NOK (equity ratio 74.5% → 76.5%). Calculated
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↓
Cash fell
Bank deposits 965.1k NOK → 509.5k NOK (-47.2% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 5 298 NOK → 2.36m NOK (1% → 23% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 1 291 NOK → 7.69m NOK (+595556.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 4.57m NOK → 5.28m NOK. Reported fact