FirmaIQ
Org.nr 911 568 098 2019 → 2020 Year-over-year analysis

A. HØVIK INVEST AS: årsregnskap 2020 vs 2019

Grew 9% on revenue, stronger earnings

approved 2021-04-14; registry 2021-08-12; journal 2021 608902

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A. HØVIK INVEST AS. Revenue 557.4k NOK → 607.5k NOK (+9.0%). Net result +40.5k NOK → +113.4k NOK. Equity 14.05m NOK → 14.16m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
557.4k NOK 607.5k NOK
+9.0%
Operating result
+246.9k NOK +316.8k NOK
+28.3%
Net result
+40.5k NOK +113.4k NOK
+180.3%
Equity
14.05m NOK 14.16m NOK
+0.8%
Cash
632.1k NOK 649.6k NOK
+2.8%
Total assets
20.35m NOK 19.83m NOK
-2.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 557.4k NOK to 607.5k NOK (+9.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +246.9k NOK → +316.8k NOK (op. margin 44.3% → 52.1%). Calculated

  • ↑

    Net result improved

    Net result +40.5k NOK → +113.4k NOK (net margin 7.3% → 18.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 14.05m NOK → 14.16m NOK (equity ratio 69.0% → 71.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 632.1k NOK → 649.6k NOK (+2.8% YoY). Calculated