FirmaIQ
Org.nr 958 901 925 2017 → 2018 Year-over-year analysis

A. HØVIK EIENDOM AS: årsregnskap 2018 vs 2017

A steady year on the published lines

approved 2019-05-03; registry 2019-07-13; journal 2019 688640

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for A. HØVIK EIENDOM AS. Revenue 8.60m NOK → 8.95m NOK (+4.1%). Net result +1.20m NOK → +1.12m NOK. Equity 10.52m NOK → 11.24m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

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

At a glance

Scorecard

Revenue
8.60m NOK 8.95m NOK
+4.1%
Operating result
+2.97m NOK +2.51m NOK
-15.5%
Net result
+1.20m NOK +1.12m NOK
-6.6%
Equity
10.52m NOK 11.24m NOK
+6.9%
Cash
61.9k NOK 1.76m NOK
+2736.3%
Total assets
59.90m NOK 59.29m NOK
-1.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.60m NOK to 8.95m NOK (+4.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 10.52m NOK → 11.24m NOK (equity ratio 17.6% → 19.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 61.9k NOK → 1.76m NOK (+2736.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +2.97m NOK → +2.51m NOK (op. margin 34.5% → 28.1%). Calculated

  • ↓

    Net result weakened

    Net result +1.20m NOK → +1.12m NOK (net margin 14.0% → 12.5%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.07m NOK → 2.49m NOK (24% → 28% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 3 741 NOK → 320.9k NOK (+8476.7% YoY). Calculated