654 M.O.H AS: årsregnskap 2017 vs 2016
Grew 10% on revenue, fresh owner capital
approved 2018-05-02; registry 2018-06-07; journal 2018 423558
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 654 M.O.H AS. Revenue 8.86m NOK → 9.78m NOK (+10.4%). Net result +608.4k NOK → +576.8k NOK. Equity 4.00m NOK → 4.22m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved; 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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↑
Revenue rose
Operating income / revenue moved from 8.86m NOK to 9.78m NOK (+10.4% YoY). Calculated
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↑
Equity strengthened
Book equity 4.00m NOK → 4.22m NOK (equity ratio 70.3% → 71.2%). Calculated
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↑
Cash rose
Bank deposits 1.85m NOK → 2.39m NOK (+29.2% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 458 NOK → 1.46m NOK (+1.46m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +971.3k NOK → +778.6k NOK (op. margin 11.0% → 8.0%). Calculated
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↓
Net result weakened
Net result +608.4k NOK → +576.8k NOK (net margin 6.9% → 5.9%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.64m NOK → 1.80m NOK (19% → 18% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 5.11m NOK → 5.82m NOK (+14.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 256.3k NOK → 37.5k NOK. Reported fact