Org.nr 897 757 222 2023 → 2024 Year-over-year analysis

4HUMAN HRM AS: årsregnskap 2024 vs 2023

Grew 24% on revenue, stronger earnings, fresh owner capital

approved 2025-06-25; registry 2025-07-03; journal 2025 621476

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 4HUMAN HRM AS. Revenue 61.76m NOK → 76.73m NOK (+24.2%). Net result -8.56m NOK → -2.39m NOK. Equity 111.27m NOK → 199.34m NOK.

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

Also worth watching: cogs fell; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for 4HUMAN HRM AS.

Scorecard

Revenue
61.76m NOK 76.73m NOK
+24.2%
Operating result
-15.82m NOK -11.83m NOK
+25.2%
Net result
-8.56m NOK -2.39m NOK
+72.1%
Equity
111.27m NOK 199.34m NOK
+79.1%
Cash
1.55m NOK 1.37m NOK
-11.3%
Total assets
282.02m NOK 315.70m NOK
+11.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 61.76m NOK to 76.73m NOK (+24.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -15.82m NOK → -11.83m NOK (op. margin -25.6% → -15.4%). Calculated

  • ↑

    Net result improved

    Net result -8.56m NOK → -2.39m NOK (net margin -13.9% → -3.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 111.27m NOK → 199.34m NOK (equity ratio 39.5% → 63.1%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 111.27m NOK → 199.34m NOK (+88.06m NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 1.55m NOK → 1.37m NOK (-11.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 4.10m NOK → 3.33m NOK (-18.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 73.05m NOK → 70.08m NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 45 → 42. Reported fact