FirmaIQ
Org.nr 958 901 925 2001 → 2002 Year-over-year analysis

A. HØVIK EIENDOM AS: årsregnskap 2002 vs 2001

Grew 551% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2002 with 2001 for A. HØVIK EIENDOM AS. Revenue 1.57m NOK → 10.22m NOK (+550.6%). Net result +382.2k NOK → +505.8k NOK. Equity 2.87m NOK → 3.87m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

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

At a glance

Scorecard

Revenue
1.57m NOK 10.22m NOK
+550.6%
Operating result
+1.18m NOK +1.75m NOK
+47.4%
Net result
+382.2k NOK +505.8k NOK
+32.3%
Equity
2.87m NOK 3.87m NOK
+35.1%
Cash
295.8k NOK 504.9k NOK
+70.7%
Total assets
24.24m NOK 24.09m NOK
-0.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.57m NOK to 10.22m NOK (+550.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.18m NOK → +1.75m NOK (op. margin 75.4% → 17.1%). Calculated

  • ↑

    Net result improved

    Net result +382.2k NOK → +505.8k NOK (net margin 24.3% → 5.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.87m NOK → 3.87m NOK (equity ratio 11.8% → 16.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 295.8k NOK → 504.9k NOK (+70.7% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 0 NOK → 7.79m NOK (None YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 4.00m NOK. Reported fact