A. HØVIK EIENDOM AS: årsregnskap 2008 vs 2007
Grew 8% on revenue
approved 2009-06-17; registry 2009-08-22
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for A. HØVIK EIENDOM AS. Revenue 6.04m NOK → 6.50m NOK (+7.5%). Equity 22.12m NOK → 22.05m NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for A. HØVIK EIENDOM AS.
At a glance
Scorecard
Revenue
6.04m NOK
6.50m NOK
+7.5%
Net result
+1.15m NOK
n/m
—
Equity
22.12m NOK
22.05m NOK
-0.3%
Cash
676.9k NOK
15.68m NOK
+2216.8%
Total assets
56.41m NOK
68.97m NOK
+22.3%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 6.04m NOK to 6.50m NOK (+7.5% YoY). Calculated
-
↑
Cash rose
Bank deposits 676.9k NOK → 15.68m NOK (+2216.8% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 22.12m NOK → 22.05m NOK (equity ratio 39.2% → 32.0%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 6 802 NOK → 498.7k NOK (0% → 8% of revenue). Calculated