FirmaIQ
Org.nr 958 901 925 2006 → 2007 Year-over-year analysis

A. HØVIK EIENDOM AS: årsregnskap 2007 vs 2006

Grew 10% on revenue, stronger earnings

approved 2008-05-02; registry 2008-08-19

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2007 with 2006 for A. HØVIK EIENDOM AS. Revenue 5.49m NOK → 6.04m NOK (+10.0%). Net result +526.2k NOK → +1.15m NOK. Equity 20.97m NOK → 22.12m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for A. HØVIK EIENDOM AS.

At a glance

Scorecard

Revenue
5.49m NOK 6.04m NOK
+10.0%
Operating result
+3.73m NOK n/m
—
Net result
+526.2k NOK +1.15m NOK
+117.6%
Equity
20.97m NOK 22.12m NOK
+5.5%
Cash
476.8k NOK 676.9k NOK
+42.0%
Total assets
50.91m NOK 56.41m NOK
+10.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.49m NOK to 6.04m NOK (+10.0% YoY). Calculated

  • ↑

    Net result improved

    Net result +526.2k NOK → +1.15m NOK (net margin 9.6% → 19.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 20.97m NOK → 22.12m NOK (equity ratio 41.2% → 39.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 476.8k NOK → 676.9k NOK (+42.0% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.86× → 1.07×. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 6 NOK → 6 802 NOK (0% → 0% of revenue). Calculated