OTOVO ASA: årsregnskap 2018 vs 2017
Grew 84% on revenue, fresh owner capital
approved 2019-03-15; registry 2019-05-02; journal 2019 296289
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for OTOVO ASA. Revenue 42.04m NOK → 77.19m NOK (+83.6%). Equity 58.31m NOK → 131.81m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for OTOVO ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 42.04m NOK to 77.19m NOK (+83.6% YoY). Calculated
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↑
Equity strengthened
Book equity 58.31m NOK → 131.81m NOK (equity ratio 75.8% → 82.2%). Calculated
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↑
Cash rose
Bank deposits 59.53m NOK → 117.36m NOK (+97.1% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 81.92m NOK → 131.81m NOK (+49.89m NOK). Reported fact
Things to notice
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·
COGS moved
COGS / varekostnad 41.10m NOK → 73.68m NOK (+79.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 0 NOK → 15.97m NOK. Reported fact