654 M.O.H AS: årsregnskap 2018 vs 2017
Grew 11% on revenue, stronger earnings
approved 2019-04-25; registry 2019-07-11; journal 2019 682731
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 654 M.O.H AS. Revenue 9.78m NOK → 10.83m NOK (+10.8%). Net result +576.8k NOK → +947.9k NOK. Equity 4.22m NOK → 4.70m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
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 9.78m NOK to 10.83m NOK (+10.8% YoY). Calculated
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Operating result improved
Operating result +778.6k NOK → +1.22m NOK (op. margin 8.0% → 11.2%). Calculated
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Net result improved
Net result +576.8k NOK → +947.9k NOK (net margin 5.9% → 8.7%). Calculated
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Equity strengthened
Book equity 4.22m NOK → 4.70m NOK (equity ratio 71.2% → 70.8%). Calculated
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Cash rose
Bank deposits 2.39m NOK → 2.71m NOK (+13.7% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 1.80m NOK → 2.01m NOK (18% → 19% of revenue). Calculated
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COGS moved
COGS / varekostnad 5.82m NOK → 6.15m NOK (+5.7% YoY). Calculated