A. HØVIK EIENDOM AS: årsregnskap 2022 vs 2021
Grew 9% on revenue, weaker earnings
approved 2023-03-21; registry 2023-06-06; journal 2023 427728
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A. HØVIK EIENDOM AS. Revenue 9.35m NOK → 10.19m NOK (+9.0%). Net result +303.1k NOK → +17.8k NOK. Equity 12.25m NOK → 12.27m NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: cogs fell; headcount (årsverk) changed. 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 9.35m NOK to 10.19m NOK (+9.0% YoY). Calculated
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↑
Equity strengthened
Book equity 12.25m NOK → 12.27m NOK. Calculated
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↑
Payroll decreased
Salary cost 2.77m NOK → 2.75m NOK (30% → 27% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +1.41m NOK → +1.36m NOK (op. margin 15.0% → 13.4%). Calculated
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↓
Net result weakened
Net result +303.1k NOK → +17.8k NOK (net margin 3.2% → 0.2%). Calculated
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↓
Cash fell
Bank deposits 921.1k NOK → 620.4k NOK (-32.6% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 126.1k NOK → 76.4k NOK (-39.4% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 5 → 4. Reported fact