FirmaIQ
Org.nr 972 408 832 2019 → 2020 Year-over-year analysis

A-VET SMÅDYRKLINIKK AS: årsregnskap 2020 vs 2019

Grew 15% on revenue, returned to profit

approved 2021-05-31; registry 2021-09-09; journal 2021 687850

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A-VET SMÅDYRKLINIKK AS. Revenue 10.47m NOK → 12.03m NOK (+14.9%). Net result -85.1k NOK → +373.4k NOK. Equity 464.6k NOK → 838.0k NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for A-VET SMÅDYRKLINIKK AS.

At a glance

Scorecard

Revenue
10.47m NOK 12.03m NOK
+14.9%
Operating result
-57.8k NOK +517.0k NOK
+995.0%
Net result
-85.1k NOK +373.4k NOK
+538.9%
Equity
464.6k NOK 838.0k NOK
+80.4%
Cash
141.3k NOK 358.2k NOK
+153.4%
Total assets
3.66m NOK 3.42m NOK
-6.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.47m NOK to 12.03m NOK (+14.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -57.8k NOK → +517.0k NOK (op. margin -0.6% → 4.3%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 85.1k NOK to a profit of 373.4k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 464.6k NOK → 838.0k NOK (equity ratio 12.7% → 24.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 141.3k NOK → 358.2k NOK (+153.4% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.63m NOK → 4.77m NOK (44% → 40% of revenue). Calculated