FirmaIQ
Org.nr 897 757 222 2019 → 2020 Year-over-year analysis

4HUMAN HRM AS: årsregnskap 2020 vs 2019

Grew 23% on revenue, stronger earnings, cash halved-plus

approved 2021-06-28; registry 2021-07-12; journal 2021 562291

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 4HUMAN HRM AS. Revenue 37.99m NOK → 46.72m NOK (+23.0%). Net result -7.36m NOK → -4.81m NOK. Equity 36.33m NOK → 73.02m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 4HUMAN HRM AS.

At a glance

Scorecard

Revenue
37.99m NOK 46.72m NOK
+23.0%
Operating result
-8.05m NOK -4.26m NOK
+47.1%
Net result
-7.36m NOK -4.81m NOK
+34.6%
Equity
36.33m NOK 73.02m NOK
+101.0%
Cash
702.7k NOK 109.4k NOK
-84.4%
Total assets
113.09m NOK 161.19m NOK
+42.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 37.99m NOK to 46.72m NOK (+23.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -8.05m NOK → -4.26m NOK (op. margin -21.2% → -9.1%). Calculated

  • ↑

    Net result improved

    Net result -7.36m NOK → -4.81m NOK (net margin -19.4% → -10.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 36.33m NOK → 73.02m NOK (equity ratio 32.1% → 45.3%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 35.91m NOK → 73.02m NOK (+37.11m NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 702.7k NOK → 109.4k NOK (-84.4% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 26.17m NOK → 57.76m NOK. Reported fact