4HOME DECOR AS: årsregnskap 2023 vs 2022
Shrank 94% on revenue, returned to profit
approved 2024-04-30; registry 2024-05-04; journal 2024 392341
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 4HOME DECOR AS. Revenue 684.7k NOK → 37.8k NOK (-94.5%). Net result -49.7k NOK → +80.5k NOK. Equity -10.2k NOK → 70.3k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue; cogs moved.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -53.7k NOK → +103.0k NOK (op. margin -7.8% → 272.9%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 49.7k NOK to a profit of 80.5k NOK. Calculated
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↑
Equity strengthened
Book equity -10.2k NOK → 70.3k NOK (equity ratio -5.2% → 22.3%). Calculated
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↑
Cash rose
Bank deposits 98.2k NOK → 208.2k NOK (+112.1% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 684.7k NOK to 37.8k NOK (-94.5% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 447.2k NOK → 553.1k NOK (65% → 1465% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 25.5k NOK → 91.3k NOK (+258.4% YoY). Calculated