Org.nr 958 901 925 2010 → 2011 Year-over-year analysis

A. HØVIK EIENDOM AS: årsregnskap 2011 vs 2010

Mixed movements in the accounts

approved 2012-03-27; registry 2012-05-23; journal 2012 385207

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for A. HØVIK EIENDOM AS. Revenue 7.55m NOK → 7.85m NOK (+4.1%). Equity 23.41m NOK → 22.33m NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

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

At a glance

Revenue

7.55m NOK 7.85m NOK

+4.1%

Equity

23.41m NOK 22.33m NOK

-4.6%

Cash

2.23m NOK 1.46m NOK

-34.5%

Total assets

62.86m NOK 62.57m NOK

-0.5%

↑
Revenue rose

Operating income / revenue moved from 7.55m NOK to 7.85m NOK (+4.1% YoY). Calculated

↓
Equity eroded

Book equity 23.41m NOK → 22.33m NOK (equity ratio 37.2% → 35.7%). Calculated
↓
Cash fell

Bank deposits 2.23m NOK → 1.46m NOK (-34.5% YoY). Calculated

·
Payroll increased

Salary cost 1.25m NOK → 1.84m NOK (17% → 23% of revenue). Calculated
·
Book investments changed

Investment / intangible book value 2.65m NOK → 3.52m NOK. Reported fact