4H-VEST AS: årsregnskap 2023 vs 2022
Shrank 68% on revenue, slipped into loss
approved 2024-07-22; registry 2024-07-29; journal 2024 684162
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 4H-VEST AS. Revenue 5.08m NOK → 1.65m NOK (-67.5%). Net result +771.6k NOK → -325.2k NOK. Equity 14.16m NOK → 13.84m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
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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↑
Cash rose
Bank deposits 392.2k NOK → 519.7k NOK (+32.5% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.08m NOK to 1.65m NOK (-67.5% YoY). Calculated
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↓
Operating result weakened
Operating result +217.1k NOK → -198.5k NOK (op. margin 4.3% → -12.0%). Calculated
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↓
Fell into a net loss
Net result flipped from 771.6k NOK profit to a loss of 325.2k NOK. Calculated
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↓
Equity eroded
Book equity 14.16m NOK → 13.84m NOK (equity ratio 81.1% → 84.3%). Calculated
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↓
Payroll up without matching revenue
Salary cost 361.6k NOK → 519.2k NOK (7% → 31% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 3.65m NOK → 1.78m NOK (-51.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 5.81m NOK → 13.0k NOK. Reported fact