654 M.O.H AS: årsregnskap 2016 vs 2015
Shrank 14% on revenue, stronger earnings
approved 2017-06-30; registry 2017-08-09; journal 2017 835164
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for 654 M.O.H AS. Revenue 10.29m NOK → 8.86m NOK (-13.9%). Net result +10.6k NOK → +608.4k NOK. Equity 2.38m NOK → 4.00m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. 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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↑
Operating result improved
Operating result +294.7k NOK → +971.3k NOK (op. margin 2.9% → 11.0%). Calculated
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Net result improved
Net result +10.6k NOK → +608.4k NOK (net margin 0.1% → 6.9%). Calculated
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Equity strengthened
Book equity 2.38m NOK → 4.00m NOK (equity ratio 49.7% → 70.3%). Calculated
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Cash rose
Bank deposits 1.63m NOK → 1.85m NOK (+13.3% YoY). Calculated
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Payroll decreased
Salary cost 2.08m NOK → 1.64m NOK (20% → 19% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 10.29m NOK to 8.86m NOK (-13.9% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 450.0k NOK → 458 NOK — check capital reduction, conversion, or reclassification. Interpretation
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COGS fell
COGS / varekostnad 6.32m NOK → 5.11m NOK (-19.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 55.5k NOK → 256.3k NOK. Reported fact