Org.nr 911 568 098 2014 → 2015 Year-over-year analysis

A. HØVIK INVEST AS: årsregnskap 2015 vs 2014

Shrank 35% on revenue, fresh owner capital

approved 2016-06-14; registry 2016-07-18; journal 2016 692282

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for A. HØVIK INVEST AS. Revenue 507.6k NOK → 331.1k NOK (-34.8%). Equity 12.37m NOK → 13.32m NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell.

Net constructive year on the published lines.

At a glance

Revenue

507.6k NOK 331.1k NOK

-34.8%

Operating result

+352.5k NOK n/m

—

Net result

+176.7k NOK n/m

—

Equity

12.37m NOK 13.32m NOK

+7.7%

Cash

52.6k NOK 318.9k NOK

+506.0%

Total assets

15.55m NOK 21.91m NOK

+40.8%

↑
Equity strengthened

Book equity 12.37m NOK → 13.32m NOK (equity ratio 79.5% → 60.8%). Calculated
↑
Cash rose

Bank deposits 52.6k NOK → 318.9k NOK (+506.0% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.12× → 4.98×. Calculated
↑
Owners injected capital

Paid-in equity rose 950.0k NOK → 7.23m NOK (+6.28m NOK). Reported fact

↓
Revenue fell

Operating income / revenue moved from 507.6k NOK to 331.1k NOK (-34.8% YoY). Calculated