Org.nr 984 036 736 2023 → 2024 Year-over-year analysis

4HUMAN TQM AS: årsregnskap 2024 vs 2023

Grew 8% on revenue

approved 2025-06-12; registry 2025-07-09; journal 2025 647696

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for 4HUMAN TQM AS. Revenue 29.50m NOK → 31.93m NOK (+8.2%). Net result +4.82m NOK → +5.65m NOK. Equity 8.66m NOK → 8.80m NOK.

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

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

Scorecard

Revenue
29.50m NOK 31.93m NOK
+8.2%
Operating result
+5.85m NOK +7.60m NOK
+30.0%
Net result
+4.82m NOK +5.65m NOK
+17.4%
Equity
8.66m NOK 8.80m NOK
+1.6%
Cash
602.1k NOK 474.6k NOK
-21.2%
Total assets
25.34m NOK 26.19m NOK
+3.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 29.50m NOK to 31.93m NOK (+8.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +5.85m NOK → +7.60m NOK (op. margin 19.8% → 23.8%). Calculated

  • ↑

    Net result improved

    Net result +4.82m NOK → +5.65m NOK (net margin 16.3% → 17.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 8.66m NOK → 8.80m NOK (equity ratio 34.2% → 33.6%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 602.1k NOK → 474.6k NOK (-21.2% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 864.2k NOK → 139.2k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 988.6k NOK → 1.47m NOK (+48.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 5.92m NOK → 4.79m NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 14 → 17. Reported fact