60 GRADER NORD KIROPRAKTIKK AS: årsregnskap 2020 vs 2019
Grew 21% on revenue
approved 2021-06-09; registry 2021-07-26; journal 2021 538723
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 60 GRADER NORD KIROPRAKTIKK AS. Revenue 8.44m NOK → 10.25m NOK (+21.4%). Net result +318.7k NOK → +324.2k NOK. Equity 538.2k NOK → 462.4k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 60 GRADER NORD KIROPRAKTIKK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 8.44m NOK to 10.25m NOK (+21.4% YoY). Calculated
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↑
Operating result improved
Operating result +429.8k NOK → +430.4k NOK (op. margin 5.1% → 4.2%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 538.2k NOK → 462.4k NOK (equity ratio 49.9% → 43.8%). Calculated
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↓
Cash fell
Bank deposits 597.8k NOK → 515.7k NOK (-13.7% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 572.6k NOK → 589.9k NOK (7% → 6% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 5.57m NOK → 7.32m NOK (+31.5% YoY). Calculated