Org.nr 958 901 925 2023 → 2024 Year-over-year analysis

A. HØVIK EIENDOM AS: årsregnskap 2024 vs 2023

Weaker earnings

approved 2025-05-08; registry 2025-07-28; journal 2025 705849

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for A. HØVIK EIENDOM AS. Revenue 10.17m NOK → 10.16m NOK (-0.1%). Net result +716.9k NOK → +391.2k NOK. Equity 12.42m NOK → 12.48m NOK.

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

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

Scorecard

Revenue
10.17m NOK 10.16m NOK
-0.1%
Operating result
+3.04m NOK +2.76m NOK
-9.3%
Net result
+716.9k NOK +391.2k NOK
-45.4%
Equity
12.42m NOK 12.48m NOK
+0.5%
Cash
661.3k NOK 575.5k NOK
-13.0%
Total assets
52.75m NOK 53.04m NOK
+0.6%

What improved

  • ↑

    Equity strengthened

    Book equity 12.42m NOK → 12.48m NOK (equity ratio 23.6% → 23.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 10.17m NOK to 10.16m NOK (-0.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +3.04m NOK → +2.76m NOK (op. margin 29.9% → 27.2%). Calculated

  • ↓

    Net result weakened

    Net result +716.9k NOK → +391.2k NOK (net margin 7.0% → 3.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 661.3k NOK → 575.5k NOK (-13.0% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.77m NOK → 3.28m NOK (27% → 32% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 35.1k NOK → 8 938 NOK (-74.5% YoY). Calculated