Org.nr 958 901 925 2014 → 2015 Year-over-year analysis

A. HØVIK EIENDOM AS: årsregnskap 2015 vs 2014

Shrank 91% on revenue

approved 2016-06-14; registry 2016-08-24; journal 2016 851774

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for A. HØVIK EIENDOM AS. Revenue 9.57m NOK → 894.7k NOK (-90.6%). Equity 10.84m NOK → 10.56m NOK.

Pressures included: revenue fell; equity eroded; cash fell.

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

At a glance

Revenue

9.57m NOK 894.7k NOK

-90.6%

Equity

10.84m NOK 10.56m NOK

-2.6%

Cash

5.00m NOK 4.57m NOK

-8.6%

Total assets

66.78m NOK 66.37m NOK

-0.6%

↓
Revenue fell

Operating income / revenue moved from 9.57m NOK to 894.7k NOK (-90.6% YoY). Calculated
↓
Equity eroded

Book equity 10.84m NOK → 10.56m NOK (equity ratio 16.2% → 15.9%). Calculated
↓
Cash fell

Bank deposits 5.00m NOK → 4.57m NOK (-8.6% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 1.79m NOK → 2.13m NOK (19% → 238% of revenue). Calculated
↓
COGS moved

COGS / varekostnad 63.3k NOK → 85.5k NOK (+35.2% YoY). Calculated

·
Book investments changed

Investment / intangible book value 1.36m NOK → 938 NOK. Reported fact