FirmaIQ
Org.nr 911 568 098 2017 → 2018 Year-over-year analysis

A. HØVIK INVEST AS: årsregnskap 2018 vs 2017

Shrank 10% on revenue, weaker earnings

approved 2019-05-03; registry 2019-07-13; journal 2019 688662

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for A. HØVIK INVEST AS. Revenue 630.5k NOK → 565.8k NOK (-10.2%). Net result +133.5k NOK → +14.2k NOK. Equity 13.61m NOK → 13.62m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
630.5k NOK 565.8k NOK
-10.2%
Operating result
+363.7k NOK +205.8k NOK
-43.4%
Net result
+133.5k NOK +14.2k NOK
-89.3%
Equity
13.61m NOK 13.62m NOK
+0.1%
Cash
323.1k NOK 197.0k NOK
-39.0%
Total assets
19.52m NOK 19.50m NOK
-0.1%

What improved

  • ↑

    Equity strengthened

    Book equity 13.61m NOK → 13.62m NOK (equity ratio 69.7% → 69.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 630.5k NOK to 565.8k NOK (-10.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +363.7k NOK → +205.8k NOK (op. margin 57.7% → 36.4%). Calculated

  • ↓

    Net result weakened

    Net result +133.5k NOK → +14.2k NOK (net margin 21.2% → 2.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 323.1k NOK → 197.0k NOK (-39.0% YoY). Calculated