Org.nr 958 901 925 1991 → 1992 Year-over-year analysis

A. HØVIK EIENDOM AS: årsregnskap 1992 vs 1991

Shrank 57% on revenue

Summary

What changed

Comparing Årsregnskap 1992 with 1991 for A. HØVIK EIENDOM AS. Revenue 2.19m NOK → 946.6k NOK (-56.9%). Equity 35.0k NOK → 3 260 NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A. HØVIK EIENDOM AS.

At a glance

Revenue

2.19m NOK 946.6k NOK

-56.9%

Operating result

+1.00m NOK +526.8k NOK

-47.3%

Net result

n/m +31.7k NOK

—

Equity

35.0k NOK 3 260 NOK

-90.7%

Total assets

n/m 11.83m NOK

—

↓
Revenue fell

Operating income / revenue moved from 2.19m NOK to 946.6k NOK (-56.9% YoY). Calculated
↓
Operating result weakened

Operating result +1.00m NOK → +526.8k NOK (op. margin 45.6% → 55.7%). Calculated
↓
Equity eroded

Book equity 35.0k NOK → 3 260 NOK. Calculated
↓
Current ratio dropped below 1×

Current ratio 1.04× → 0.94× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Thin equity buffer

Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation