Org.nr 988 750 158 2012 → 2013 Year-over-year analysis

654 M.O.H AS: årsregnskap 2013 vs 2012

Mixed movements in the accounts

approved 2014-06-30; registry 2014-08-21; journal 2014 690806

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for 654 M.O.H AS. Revenue 12.59m NOK → 12.38m NOK (-1.7%). Equity 3.04m NOK → 3.63m NOK.

On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 654 M.O.H AS.

At a glance

Revenue

12.59m NOK 12.38m NOK

-1.7%

Operating result

+1.29m NOK +862.4k NOK

-33.1%

Equity

3.04m NOK 3.63m NOK

+19.5%

Cash

1.86m NOK 1.29m NOK

-30.6%

Total assets

5.34m NOK 5.52m NOK

+3.4%

↑
Equity strengthened

Book equity 3.04m NOK → 3.63m NOK (equity ratio 56.9% → 65.8%). Calculated
↑
Current ratio back above 1×

Current ratio 0.81× → 2.64×. Calculated

↓
Revenue fell

Operating income / revenue moved from 12.59m NOK to 12.38m NOK (-1.7% YoY). Calculated
↓
Operating result weakened

Operating result +1.29m NOK → +862.4k NOK (op. margin 10.2% → 7.0%). Calculated
↓
Cash fell

Bank deposits 1.86m NOK → 1.29m NOK (-30.6% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 2.48m NOK → 2.80m NOK (20% → 23% of revenue). Calculated