4HUMAN QM365 AS: årsregnskap 2025 vs 2024
A steady year on the published lines
approved 2026-06-10; registry 2026-07-29; journal 2026 653685
Summary
What changed
Comparing Årsregnskap 2025 with 2024 for 4HUMAN QM365 AS. Revenue 21.07m NOK → 21.35m NOK (+1.3%). Net result +4.86m NOK → +5.72m NOK. Equity 699.0k NOK → 590.6k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for 4HUMAN QM365 AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 21.07m NOK to 21.35m NOK (+1.3% YoY). Calculated
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↑
Operating result improved
Operating result +6.50m NOK → +7.55m NOK (op. margin 30.8% → 35.4%). Calculated
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↑
Net result improved
Net result +4.86m NOK → +5.72m NOK (net margin 23.1% → 26.8%). Calculated
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↑
Payroll decreased
Salary cost 9.50m NOK → 8.47m NOK (45% → 40% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 699.0k NOK → 590.6k NOK (equity ratio 5.0% → 2.8%). Calculated
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↓
Cash fell
Bank deposits 774.7k NOK → 677.4k NOK (-12.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 3.72m NOK → 3.07m NOK. Reported fact
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·
Headcount (årsverk) changed
Reported FTEs 11 → 12. Reported fact