FirmaIQ
Org.nr 988 013 811 2017 → 2018 Year-over-year analysis

MUTUS AS: årsregnskap 2018 vs 2017

Shrank 24% on revenue, weaker earnings

approved 2019-07-05; registry 2019-07-16; journal 2019 719182

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for MUTUS AS. Revenue 3.92m NOK → 2.97m NOK (-24.2%). Net result +3.02m NOK → +2.19m NOK. Equity 124.48m NOK → 121.52m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
3.92m NOK 2.97m NOK
-24.2%
Operating result
+2.89m NOK +2.01m NOK
-30.5%
Net result
+3.02m NOK +2.19m NOK
-27.5%
Equity
124.48m NOK 121.52m NOK
-2.4%
Cash
18.94m NOK 21.61m NOK
+14.1%
Total assets
124.69m NOK 121.90m NOK
-2.2%

What improved

  • ↑

    Cash rose

    Bank deposits 18.94m NOK → 21.61m NOK (+14.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.92m NOK to 2.97m NOK (-24.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.89m NOK → +2.01m NOK (op. margin 73.7% → 67.6%). Calculated

  • ↓

    Net result weakened

    Net result +3.02m NOK → +2.19m NOK (net margin 77.0% → 73.7%). Calculated

  • ↓

    Equity eroded

    Book equity 124.48m NOK → 121.52m NOK (equity ratio 99.8% → 99.7%). Calculated