654 M.O.H AS: årsregnskap 2011 vs 2010
Grew 80% on revenue, weaker earnings
approved 2012-06-05; registry 2012-06-13; journal 2012 426054
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for 654 M.O.H AS. Revenue 5.90m NOK → 10.64m NOK (+80.5%). Net result +562.9k NOK → +379.6k NOK. Equity 1.55m NOK → 2.53m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
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 5.90m NOK to 10.64m NOK (+80.5% YoY). Calculated
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↑
Operating result improved
Operating result +797.7k NOK → +921.8k NOK (op. margin 13.5% → 8.7%). Calculated
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↑
Equity strengthened
Book equity 1.55m NOK → 2.53m NOK (equity ratio 56.1% → 50.1%). Calculated
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↑
Cash rose
Bank deposits 31.0k NOK → 2.01m NOK (+6367.6% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +562.9k NOK → +379.6k NOK (net margin 9.5% → 3.6%). Calculated
Things to notice
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·
Payroll increased
Salary cost 925.4k NOK → 1.71m NOK (16% → 16% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 3.33m NOK → 5.80m NOK (+74.0% YoY). Calculated