Org.nr 959 807 493 2023 → 2024 Year-over-year analysis

4H-VEST AS: årsregnskap 2024 vs 2023

Shrank 75% on revenue, returned to profit, cash halved-plus

approved 2025-06-05; registry 2025-06-17; journal 2025 526682

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 4H-VEST AS. Revenue 1.65m NOK → 407.6k NOK (-75.3%). Net result -325.2k NOK → +529.0k NOK. Equity 13.84m NOK → 14.37m NOK.

On the constructive side: turned profitable; equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 4H-VEST AS.

Scorecard

Revenue
1.65m NOK 407.6k NOK
-75.3%
Operating result
-198.5k NOK -222.1k NOK
-11.9%
Net result
-325.2k NOK +529.0k NOK
+262.7%
Equity
13.84m NOK 14.37m NOK
+3.8%
Cash
519.7k NOK 87.1k NOK
-83.2%
Total assets
16.42m NOK 16.76m NOK
+2.1%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 325.2k NOK to a profit of 529.0k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 13.84m NOK → 14.37m NOK (equity ratio 84.3% → 85.7%). Calculated

  • ↑

    Payroll decreased

    Salary cost 519.2k NOK → 176.1k NOK (31% → 43% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.65m NOK to 407.6k NOK (-75.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -198.5k NOK → -222.1k NOK (op. margin -12.0% → -54.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 519.7k NOK → 87.1k NOK (-83.2% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 1.78m NOK → 5 937 NOK (-99.7% YoY). Calculated