Org.nr 897 757 222 2018 → 2019 Year-over-year analysis

4HUMAN HRM AS: årsregnskap 2019 vs 2018

Another loss-making year

approved 2020-08-24; registry 2020-10-03; journal 2020 889904

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 4HUMAN HRM AS. Revenue 38.93m NOK → 37.99m NOK (-2.4%). Equity 43.85m NOK → 36.33m NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for 4HUMAN HRM AS.

At a glance

Revenue

38.93m NOK 37.99m NOK

-2.4%

Operating result

-4.73m NOK -8.05m NOK

-70.1%

Net result

n/m -7.36m NOK

—

Equity

43.85m NOK 36.33m NOK

-17.2%

Cash

909.7k NOK 702.7k NOK

-22.8%

Total assets

102.04m NOK 113.09m NOK

+10.8%

↓
Revenue fell

Operating income / revenue moved from 38.93m NOK to 37.99m NOK (-2.4% YoY). Calculated
↓
Operating result weakened

Operating result -4.73m NOK → -8.05m NOK (op. margin -12.2% → -21.2%). Calculated
↓
Equity eroded

Book equity 43.85m NOK → 36.33m NOK (equity ratio 43.0% → 32.1%). Calculated
↓
Cash fell

Bank deposits 909.7k NOK → 702.7k NOK (-22.8% YoY). Calculated
↓
COGS moved

COGS / varekostnad 292.2k NOK → 4.40m NOK (+1406.5% YoY). Calculated

·
Paid-in equity reduced

Paid-in equity fell 49.80m NOK → 35.91m NOK — check capital reduction, conversion, or reclassification. Interpretation
·
Book investments changed

Investment / intangible book value 23 NOK → 26.17m NOK. Reported fact