4HOME AS: årsregnskap 2023 vs 2022
Shrank 10% on revenue, slipped into loss, cash halved-plus
approved 2024-03-08; registry 2024-04-24; journal 2024 372818
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 4HOME AS. Revenue 1.77m NOK → 1.58m NOK (-10.5%). Net result +129.4k NOK → -221.3k NOK. Equity 409.3k NOK → 187.9k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 4HOME AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 1.15m NOK → 1.07m NOK (65% → 68% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.77m NOK to 1.58m NOK (-10.5% YoY). Calculated
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↓
Operating result weakened
Operating result +155.4k NOK → -236.7k NOK (op. margin 8.8% → -15.0%). Calculated
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↓
Fell into a net loss
Net result flipped from 129.4k NOK profit to a loss of 221.3k NOK. Calculated
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↓
Equity eroded
Book equity 409.3k NOK → 187.9k NOK (equity ratio 49.9% → 32.7%). Calculated
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↓
Cash fell
Bank deposits 673.9k NOK → 185.4k NOK (-72.5% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 212.5k NOK → 176.7k NOK (-16.9% YoY). Calculated