4HOME AS: årsregnskap 2024 vs 2023
Shrank 8% on revenue, cash halved-plus
approved 2025-06-16; registry 2025-06-30; journal 2025 592203
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for 4HOME AS. Revenue 1.58m NOK → 1.46m NOK (-7.6%). Net result -221.3k NOK → -199.3k NOK. Equity 187.9k NOK → -11.4k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 4HOME AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -236.7k NOK → -178.6k NOK (op. margin -15.0% → -12.2%). Calculated
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Net result improved
Net result -221.3k NOK → -199.3k NOK (net margin -14.0% → -13.6%). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 1.58m NOK to 1.46m NOK (-7.6% YoY). Calculated
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Equity eroded
Book equity 187.9k NOK → -11.4k NOK (equity ratio 32.7% → -28.8%). Calculated
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Cash fell
Bank deposits 185.4k NOK → 35.0k NOK (-81.1% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 1.23× → 0.30× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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Payroll up without matching revenue
Salary cost 1.07m NOK → 1.91m NOK (68% → 131% of revenue). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -28.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation