A. HØVIK EIENDOM AS: årsregnskap 1996 vs 1995
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 1996 with 1995 for A. HØVIK EIENDOM AS. Revenue 1.18m NOK → 1.22m NOK (+3.7%). Equity 622.3k NOK → 620.4k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded; current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
1.18m NOK
1.22m NOK
+3.7%
Operating result
+341.2k NOK
+557.0k NOK
+63.2%
Equity
622.3k NOK
620.4k NOK
-0.3%
Total assets
8.48m NOK
7.85m NOK
-7.4%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.18m NOK to 1.22m NOK (+3.7% YoY). Calculated
-
↑
Operating result improved
Operating result +341.2k NOK → +557.0k NOK (op. margin 28.9% → 45.5%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 622.3k NOK → 620.4k NOK (equity ratio 7.3% → 7.9%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 77.96× → 0.61× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated