Org.nr 912 897 850 2017 → 2018 Year-over-year analysis

A HØIBO AS: årsregnskap 2018 vs 2017

Shrank 7% on revenue

approved 2019-02-19; registry 2019-02-27; journal 2019 217746

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for A HØIBO AS. Revenue 29.26m NOK → 27.32m NOK (-6.6%). Equity 19.31m NOK → 20.45m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A HØIBO AS.

At a glance

Revenue

29.26m NOK 27.32m NOK

-6.6%

Operating result

+41.63m NOK n/m

—

Net result

+1.28m NOK n/m

—

Equity

19.31m NOK 20.45m NOK

+5.9%

Cash

15.64m NOK 15.72m NOK

+0.5%

Total assets

22.08m NOK 22.57m NOK

+2.2%

↑
Equity strengthened

Book equity 19.31m NOK → 20.45m NOK (equity ratio 87.4% → 90.6%). Calculated
↑
Cash rose

Bank deposits 15.64m NOK → 15.72m NOK (+0.5% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 29.26m NOK to 27.32m NOK (-6.6% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 4.25m NOK → 4.31m NOK (15% → 16% of revenue). Calculated

·
COGS fell

COGS / varekostnad 19.49m NOK → 17.74m NOK (-9.0% YoY). Calculated
·
Book investments changed

Investment / intangible book value 57.4k NOK → 6.15m NOK. Reported fact