Org.nr 989 958 364 2018 → 2019 Year-over-year analysis

60 GRADER NORD KIROPRAKTIKK AS: årsregnskap 2019 vs 2018

Grew 13% on revenue, stronger earnings

approved 2020-04-25; registry 2020-06-08; journal 2020 400821

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for 60 GRADER NORD KIROPRAKTIKK AS. Revenue 7.44m NOK → 8.44m NOK (+13.4%). Net result +93.1k NOK → +318.7k NOK. Equity 219.5k NOK → 538.2k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 60 GRADER NORD KIROPRAKTIKK AS.

Scorecard

Revenue
7.44m NOK 8.44m NOK
+13.4%
Operating result
+143.1k NOK +429.8k NOK
+200.3%
Net result
+93.1k NOK +318.7k NOK
+242.4%
Equity
219.5k NOK 538.2k NOK
+145.2%
Cash
440.4k NOK 597.8k NOK
+35.8%
Total assets
6 358 NOK 1.08m NOK
+16856.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.44m NOK to 8.44m NOK (+13.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +143.1k NOK → +429.8k NOK (op. margin 1.9% → 5.1%). Calculated

  • ↑

    Net result improved

    Net result +93.1k NOK → +318.7k NOK (net margin 1.3% → 3.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 219.5k NOK → 538.2k NOK (equity ratio 3452.4% → 49.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 440.4k NOK → 597.8k NOK (+35.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 552.8k NOK → 572.6k NOK (7% → 7% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 4.78m NOK → 5.57m NOK (+16.4% YoY). Calculated