Org.nr 912 897 850 2018 → 2019 Year-over-year analysis

A HØIBO AS: årsregnskap 2019 vs 2018

Grew 13% on revenue

approved 2020-04-14; registry 2020-05-13; journal 2020 349728

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A HØIBO AS. Revenue 27.32m NOK → 30.79m NOK (+12.7%). Equity 20.45m NOK → 16.54m NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; cash fell.

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

At a glance

Revenue

27.32m NOK 30.79m NOK

+12.7%

Net result

n/m +1.09m NOK

—

Equity

20.45m NOK 16.54m NOK

-19.1%

Cash

15.72m NOK 15.33m NOK

-2.5%

Total assets

22.57m NOK 23.52m NOK

+4.2%

↑
Revenue rose

Operating income / revenue moved from 27.32m NOK to 30.79m NOK (+12.7% YoY). Calculated
↑
Payroll decreased

Salary cost 4.31m NOK → 4.30m NOK (16% → 14% of revenue). Calculated

↓
Equity eroded

Book equity 20.45m NOK → 16.54m NOK (equity ratio 90.6% → 70.3%). Calculated
↓
Cash fell

Bank deposits 15.72m NOK → 15.33m NOK (-2.5% YoY). Calculated

·
COGS moved

COGS / varekostnad 17.74m NOK → 21.35m NOK (+20.4% YoY). Calculated
·
Book investments changed

Investment / intangible book value 6.15m NOK → 152.5k NOK. Reported fact