A. HØVIK INVEST AS: årsregnskap 2022 vs 2021
Grew 709% on revenue, stronger earnings, cash halved-plus
approved 2023-03-21; registry 2023-06-06; journal 2023 427732
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A. HØVIK INVEST AS. Revenue 209.3k NOK → 1.69m NOK (+709.3%). Net result +239 NOK → +137.1k NOK. Equity 18.65m NOK → 18.79m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 209.3k NOK to 1.69m NOK (+709.3% YoY). Calculated
-
↑
Operating result improved
Operating result +596.8k NOK → +786.5k NOK (op. margin 285.1% → 46.4%). Calculated
-
↑
Net result improved
Net result +239 NOK → +137.1k NOK (net margin 0.1% → 8.1%). Calculated
-
↑
Equity strengthened
Book equity 18.65m NOK → 18.79m NOK (equity ratio 48.5% → 49.4%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 790.9k NOK → 310.2k NOK (-60.8% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 23.91× → 0.27× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated