A. HØVIK INVEST AS: årsregnskap 2014 vs 2013
Grew 19% on revenue, stronger earnings, cash halved-plus
approved 2015-06-30; registry 2015-08-13; journal 2015 706185
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for A. HØVIK INVEST AS. Revenue 428.2k NOK → 507.6k NOK (+18.5%). Net result +32.2k NOK → +176.7k NOK. Equity 9.19m NOK → 12.37m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 428.2k NOK to 507.6k NOK (+18.5% YoY). Calculated
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↑
Operating result improved
Operating result +154.2k NOK → +352.5k NOK (op. margin 36.0% → 69.4%). Calculated
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↑
Net result improved
Net result +32.2k NOK → +176.7k NOK (net margin 7.5% → 34.8%). Calculated
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↑
Equity strengthened
Book equity 9.19m NOK → 12.37m NOK (equity ratio 76.7% → 79.5%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 457.0k NOK → 52.6k NOK (-88.5% YoY). Calculated