Org.nr 911 568 098 2013 → 2014 Year-over-year analysis

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

Full company analysis · All year comparisons

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.

Scorecard

Revenue
428.2k NOK 507.6k NOK
+18.5%
Operating result
+154.2k NOK +352.5k NOK
+128.5%
Net result
+32.2k NOK +176.7k NOK
+449.2%
Equity
9.19m NOK 12.37m NOK
+34.6%
Cash
457.0k NOK 52.6k NOK
-88.5%
Total assets
11.98m NOK 15.55m NOK
+29.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 428.2k NOK to 507.6k NOK (+18.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +154.2k NOK → +352.5k NOK (op. margin 36.0% → 69.4%). Calculated

  • ↑

    Net result improved

    Net result +32.2k NOK → +176.7k NOK (net margin 7.5% → 34.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 9.19m NOK → 12.37m NOK (equity ratio 76.7% → 79.5%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 457.0k NOK → 52.6k NOK (-88.5% YoY). Calculated