FirmaIQ
Org.nr 988 013 811 2018 → 2019 Year-over-year analysis

MUTUS AS: årsregnskap 2019 vs 2018

Grew 166% on revenue, stronger earnings

approved 2020-08-27; registry 2020-09-07; journal 2020 764216

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for MUTUS AS. Revenue 2.97m NOK → 7.89m NOK (+165.8%). Net result +2.19m NOK → +7.07m NOK. Equity 121.52m NOK → 123.24m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
2.97m NOK 7.89m NOK
+165.8%
Operating result
+2.01m NOK +57.5k NOK
-97.1%
Net result
+2.19m NOK +7.07m NOK
+222.9%
Equity
121.52m NOK 123.24m NOK
+1.4%
Cash
21.61m NOK 45.22m NOK
+109.2%
Total assets
121.90m NOK 129.04m NOK
+5.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.97m NOK to 7.89m NOK (+165.8% YoY). Calculated

  • ↑

    Net result improved

    Net result +2.19m NOK → +7.07m NOK (net margin 73.7% → 89.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 121.52m NOK → 123.24m NOK (equity ratio 99.7% → 95.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 21.61m NOK → 45.22m NOK (+109.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +2.01m NOK → +57.5k NOK (op. margin 67.6% → 0.7%). Calculated