FirmaIQ
Org.nr 988 750 158 2019 → 2020 Year-over-year analysis

654 M.O.H AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-08-13; registry 2021-08-31; journal 2021 654607

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 654 M.O.H AS. Revenue 12.32m NOK → 12.31m NOK (-0.1%). Net result +105.7k NOK → +594.9k NOK. Equity 5.80m NOK → 6.40m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
12.32m NOK 12.31m NOK
-0.1%
Operating result
+1.44m NOK +788.5k NOK
-45.2%
Net result
+105.7k NOK +594.9k NOK
+462.6%
Equity
5.80m NOK 6.40m NOK
+10.3%
Cash
1.01m NOK 3.93m NOK
+289.8%
Total assets
7.22m NOK 9.13m NOK
+26.4%

What improved

  • ↑

    Net result improved

    Net result +105.7k NOK → +594.9k NOK (net margin 0.9% → 4.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 5.80m NOK → 6.40m NOK (equity ratio 80.3% → 70.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.01m NOK → 3.93m NOK (+289.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 12.32m NOK to 12.31m NOK (-0.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.44m NOK → +788.5k NOK (op. margin 11.7% → 6.4%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.22m NOK → 2.30m NOK (18% → 19% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 7.17m NOK → 7.71m NOK (+7.4% YoY). Calculated