A. HØVIK EIENDOM AS: årsregnskap 1999 vs 1998
Shrank 8% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 1999 with 1998 for A. HØVIK EIENDOM AS. Revenue 1.52m NOK → 1.40m NOK (-7.8%). Net result +331.9k NOK → +168.8k NOK. Equity 381.2k NOK → 2.49m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 381.2k NOK → 2.49m NOK (equity ratio 3.2% → 21.2%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.52m NOK to 1.40m NOK (-7.8% YoY). Calculated
-
↓
Operating result weakened
Operating result +986.9k NOK → +887.5k NOK (op. margin 65.1% → 63.5%). Calculated
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↓
Net result weakened
Net result +331.9k NOK → +168.8k NOK (net margin 21.9% → 12.1%). Calculated
-
↓
Cash fell
Bank deposits 199.5k NOK → 189.5k NOK (-5.0% YoY). Calculated