Org.nr 821 378 982 2022 → 2023 Year-over-year analysis

4HJERTER AS: årsregnskap 2023 vs 2022

Weaker earnings, cash halved-plus

approved 2024-07-14; registry 2024-07-16; journal 2024 644410

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 4HJERTER AS. Revenue 0 NOK → 30.0k NOK. Net result +446.7k NOK → +16.1k NOK. Equity 994.3k NOK → 10.4k NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 4HJERTER AS.

Scorecard

Revenue
0 NOK 30.0k NOK
—
Operating result
-8 958 NOK +20.6k NOK
+329.9%
Net result
+446.7k NOK +16.1k NOK
-96.4%
Equity
994.3k NOK 10.4k NOK
-99.0%
Cash
493.2k NOK 99.3k NOK
-79.9%
Total assets
410.7k NOK 1.02m NOK
+147.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 30.0k NOK. Calculated

  • ↑

    Operating result improved

    Operating result -8 958 NOK → +20.6k NOK. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +446.7k NOK → +16.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 994.3k NOK → 10.4k NOK (equity ratio 242.1% → 1.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 493.2k NOK → 99.3k NOK (-79.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation