A. HØVIK EIENDOM AS: årsregnskap 2017 vs 2016
Cash halved-plus
approved 2018-05-15; registry 2018-05-30; journal 2018 374714
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for A. HØVIK EIENDOM AS. Revenue 8.41m NOK → 8.60m NOK (+2.2%). Equity 9.32m NOK → 10.52m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for A. HØVIK EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 8.41m NOK to 8.60m NOK (+2.2% YoY). Calculated
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↑
Operating result improved
Operating result +149.7k NOK → +2.97m NOK (op. margin 1.8% → 34.5%). Calculated
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↑
Equity strengthened
Book equity 9.32m NOK → 10.52m NOK (equity ratio 15.6% → 17.6%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 237.6k NOK → 61.9k NOK (-73.9% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.04m NOK → 2.07m NOK (24% → 24% of revenue). Calculated