654 M.O.H AS: årsregnskap 2012 vs 2011
Grew 18% on revenue
approved 2013-06-28; registry 2013-08-10; journal 2013 620754
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for 654 M.O.H AS. Revenue 10.64m NOK → 12.59m NOK (+18.3%). Equity 2.53m NOK → 3.04m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.
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 10.64m NOK to 12.59m NOK (+18.3% YoY). Calculated
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↑
Operating result improved
Operating result +921.8k NOK → +1.29m NOK (op. margin 8.7% → 10.2%). Calculated
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↑
Equity strengthened
Book equity 2.53m NOK → 3.04m NOK (equity ratio 50.1% → 56.9%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 2.01m NOK → 1.86m NOK (-7.3% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.13× → 0.81× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1.71m NOK → 2.48m NOK (16% → 20% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 5.80m NOK → 7.07m NOK (+21.9% YoY). Calculated