A-MEDI AS: årsregnskap 2019 vs 2018
Grew 72% on revenue, weaker earnings
approved 2020-05-27; registry 2020-07-07; journal 2020 552556
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A-MEDI AS. Revenue 5.32m NOK → 9.14m NOK (+71.9%). Net result +308.9k NOK → +61.6k NOK. Equity 418.9k NOK → 480.5k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for A-MEDI AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.32m NOK to 9.14m NOK (+71.9% YoY). Calculated
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↑
Equity strengthened
Book equity 418.9k NOK → 480.5k NOK (equity ratio 21.9% → 18.3%). Calculated
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↑
Cash rose
Bank deposits 213.3k NOK → 591.8k NOK (+177.4% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.50× → 16.70×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +408.3k NOK → +373.7k NOK (op. margin 7.7% → 4.1%). Calculated
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↓
Net result weakened
Net result +308.9k NOK → +61.6k NOK (net margin 5.8% → 0.7%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.06m NOK → 1.19m NOK (20% → 13% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 1.82m NOK → 3.77m NOK (+107.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 471.5k NOK → 395.7k NOK. Reported fact