FirmaIQ
Org.nr 911 568 098 2022 → 2023 Year-over-year analysis

A. HØVIK INVEST AS: årsregnskap 2023 vs 2022

Grew 11% on revenue, slipped into loss, cash halved-plus

approved 2024-04-05; registry 2024-07-03; journal 2024 565190

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for A. HØVIK INVEST AS. Revenue 1.69m NOK → 1.87m NOK (+10.5%). Net result +137.1k NOK → -1.38m NOK. Equity 18.79m NOK → 17.96m NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
1.69m NOK 1.87m NOK
+10.5%
Operating result
+786.5k NOK -995.7k NOK
-226.6%
Net result
+137.1k NOK -1.38m NOK
-1104.1%
Equity
18.79m NOK 17.96m NOK
-4.4%
Cash
310.2k NOK 67.3k NOK
-78.3%
Total assets
38.06m NOK 41.93m NOK
+10.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.69m NOK to 1.87m NOK (+10.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +786.5k NOK → -995.7k NOK (op. margin 46.4% → -53.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 137.1k NOK profit to a loss of 1.38m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 18.79m NOK → 17.96m NOK (equity ratio 49.4% → 42.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 310.2k NOK → 67.3k NOK (-78.3% YoY). Calculated