FirmaIQ
Org.nr 958 901 925 2011 → 2012 Year-over-year analysis

A. HØVIK EIENDOM AS: årsregnskap 2012 vs 2011

Grew 15% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for A. HØVIK EIENDOM AS. Revenue 7.85m NOK → 9.04m NOK (+15.1%). Equity 22.33m NOK → 13.64m NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

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

At a glance

Scorecard

Revenue
7.85m NOK 9.04m NOK
+15.1%
Equity
22.33m NOK 13.64m NOK
-38.9%
Cash
1.46m NOK 1.18m NOK
-19.1%
Total assets
62.57m NOK 65.44m NOK
+4.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.85m NOK to 9.04m NOK (+15.1% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 22.33m NOK → 13.64m NOK (equity ratio 35.7% → 20.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.46m NOK → 1.18m NOK (-19.1% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 5.32× → 0.79× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 11.58m NOK → 10.63m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 1.84m NOK → 1.85m NOK (23% → 20% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 3.52m NOK → 1.40m NOK. Reported fact