A. HØVIK INVEST AS: årsregnskap 2019 vs 2018
Stronger earnings
approved 2020-05-14; registry 2020-06-22; journal 2020 470776
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A. HØVIK INVEST AS. Revenue 565.8k NOK → 557.4k NOK (-1.5%). Net result +14.2k NOK → +40.5k NOK. Equity 13.62m NOK → 14.05m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +205.8k NOK → +246.9k NOK (op. margin 36.4% → 44.3%). Calculated
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↑
Net result improved
Net result +14.2k NOK → +40.5k NOK (net margin 2.5% → 7.3%). Calculated
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↑
Equity strengthened
Book equity 13.62m NOK → 14.05m NOK (equity ratio 69.9% → 69.0%). Calculated
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Cash rose
Bank deposits 197.0k NOK → 632.1k NOK (+221.0% YoY). Calculated
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Owners injected capital
Paid-in equity rose 7.23m NOK → 7.62m NOK (+390.0k NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 565.8k NOK to 557.4k NOK (-1.5% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.92× → 0.24× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated