Org.nr 812 168 762 2013 → 2014 Year-over-year analysis

4HOME AS: årsregnskap 2014 vs 2013

Shrank 17% on revenue, cash halved-plus

approved 2015-06-10; registry 2015-09-05; journal 2015 794792

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for 4HOME AS. Revenue 2.61m NOK → 2.16m NOK (-17.3%). Equity 243.8k NOK → 52.2k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

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

Scorecard

Revenue
2.61m NOK 2.16m NOK
-17.3%
Equity
243.8k NOK 52.2k NOK
-78.6%
Cash
127.2k NOK -48.8k NOK
-138.4%
Total assets
868.3k NOK 254.0k NOK
-70.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.61m NOK to 2.16m NOK (-17.3% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 243.8k NOK → 52.2k NOK (equity ratio 28.1% → 20.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 127.2k NOK → -48.8k NOK (-138.4% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1 NOK → 289.1k NOK (0% → 13% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 125.2k NOK → 33.5k NOK (-73.2% YoY). Calculated