654 M.O.H AS: årsregnskap 2021 vs 2020
Grew 32% on revenue, weaker earnings
approved 2022-06-23; registry 2022-06-28; journal 2022 527210
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 654 M.O.H AS. Revenue 12.31m NOK → 16.26m NOK (+32.1%). Net result +594.9k NOK → +399.1k NOK. Equity 6.40m NOK → 7.80m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: 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 12.31m NOK to 16.26m NOK (+32.1% YoY). Calculated
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↑
Operating result improved
Operating result +788.5k NOK → +835.8k NOK (op. margin 6.4% → 5.1%). Calculated
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↑
Equity strengthened
Book equity 6.40m NOK → 7.80m NOK (equity ratio 70.1% → 64.6%). Calculated
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↑
Cash rose
Bank deposits 3.93m NOK → 4.66m NOK (+18.5% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +594.9k NOK → +399.1k NOK (net margin 4.8% → 2.5%). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.30m NOK → 3.30m NOK (19% → 20% of revenue). Calculated
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COGS moved
COGS / varekostnad 7.71m NOK → 8.98m NOK (+16.5% YoY). Calculated
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Book investments changed
Investment / intangible book value 37.5k NOK → 6.44m NOK. Reported fact
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Headcount (årsverk) changed
Reported FTEs 5 → 7. Reported fact