Org.nr 911 568 098 2020 → 2021 Year-over-year analysis

A. HØVIK INVEST AS: årsregnskap 2021 vs 2020

Shrank 66% on revenue, weaker earnings, fresh owner capital

approved 2022-04-07; registry 2022-07-25; journal 2022 707196

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for A. HØVIK INVEST AS. Revenue 607.5k NOK → 209.3k NOK (-65.5%). Net result +113.4k NOK → +239 NOK. Equity 14.16m NOK → 18.65m NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
607.5k NOK 209.3k NOK
-65.5%
Operating result
+316.8k NOK +596.8k NOK
+88.4%
Net result
+113.4k NOK +239 NOK
-99.8%
Equity
14.16m NOK 18.65m NOK
+31.7%
Cash
649.6k NOK 790.9k NOK
+21.7%
Total assets
19.83m NOK 38.48m NOK
+94.0%

What improved

  • ↑

    Operating result improved

    Operating result +316.8k NOK → +596.8k NOK (op. margin 52.1% → 285.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 14.16m NOK → 18.65m NOK (equity ratio 71.4% → 48.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 649.6k NOK → 790.9k NOK (+21.7% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 7.62m NOK → 12.09m NOK (+4.47m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 607.5k NOK to 209.3k NOK (-65.5% YoY). Calculated

  • ↓

    Net result weakened

    Net result +113.4k NOK → +239 NOK (net margin 18.7% → 0.1%). Calculated