4H-VEST AS: årsregnskap 2022 vs 2021
Shrank 52% on revenue, stronger earnings
approved 2023-08-17; registry 2023-08-24; journal 2023 715530
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for 4H-VEST AS. Revenue 10.49m NOK → 5.08m NOK (-51.6%). Net result +1 010 NOK → +771.6k NOK. Equity 13.91m NOK → 14.16m NOK.
On the constructive side: net result improved; equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; cash fell.
Also worth watching: cogs fell; 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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Net result improved
Net result +1 010 NOK → +771.6k NOK (net margin 0.0% → 15.2%). Calculated
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Equity strengthened
Book equity 13.91m NOK → 14.16m NOK (equity ratio 76.5% → 81.1%). Calculated
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Payroll decreased
Salary cost 2.36m NOK → 361.6k NOK (23% → 7% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 10.49m NOK to 5.08m NOK (-51.6% YoY). Calculated
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Operating result weakened
Operating result +682.2k NOK → +217.1k NOK (op. margin 6.5% → 4.3%). Calculated
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Cash fell
Bank deposits 509.5k NOK → 392.2k NOK (-23.0% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 7.69m NOK → 3.65m NOK (-52.6% YoY). Calculated
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Book investments changed
Investment / intangible book value 5.28m NOK → 5.81m NOK. Reported fact