4HOME GARDEN AS: årsregnskap 2023 vs 2022
Shrank 43% on revenue, weaker earnings, cash halved-plus
approved 2024-03-08; registry 2024-04-24; journal 2024 372906
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 4HOME GARDEN AS. Revenue 6.60m NOK → 3.73m NOK (-43.5%). Net result -59.6k NOK → -580.7k NOK. Equity 908.1k NOK → 327.4k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 1.67m NOK → 1.62m NOK (25% → 43% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 6.60m NOK to 3.73m NOK (-43.5% YoY). Calculated
-
↓
Operating result weakened
Operating result -10.9k NOK → -558.8k NOK (op. margin -0.2% → -15.0%). Calculated
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↓
Net result weakened
Net result -59.6k NOK → -580.7k NOK (net margin -0.9% → -15.6%). Calculated
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↓
Equity eroded
Book equity 908.1k NOK → 327.4k NOK (equity ratio 55.6% → 32.9%). Calculated
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↓
Cash fell
Bank deposits 342.9k NOK → 67.5k NOK (-80.3% YoY). Calculated