654 M.O.H AS: årsregnskap 2008 vs 2007
Grew 6% on revenue, stronger earnings, cash halved-plus
approved 2009-05-26; registry 2009-07-07
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for 654 M.O.H AS. Revenue 4.86m NOK → 5.16m NOK (+6.2%). Net result +22 NOK → +317.9k NOK. Equity 43.8k NOK → 161.7k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 654 M.O.H AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.86m NOK to 5.16m NOK (+6.2% YoY). Calculated
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↑
Net result improved
Net result +22 NOK → +317.9k NOK (net margin 0.0% → 6.2%). Calculated
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↑
Equity strengthened
Book equity 43.8k NOK → 161.7k NOK (equity ratio 1.5% → 6.5%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +686.4k NOK → +487.7k NOK (op. margin 14.1% → 9.4%). Calculated
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↓
Cash fell
Bank deposits 1.36m NOK → 639.2k NOK (-52.9% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 831.0k NOK → 866.5k NOK (17% → 17% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2.57m NOK → 2.85m NOK (+11.1% YoY). Calculated