A1 TANNLEGEN KELLARI AS: årsregnskap 2020 vs 2019
Stronger earnings, cash halved-plus
registry 2021-04-24; journal 2021 206180
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A1 TANNLEGEN KELLARI AS. Revenue 2.97m NOK → 3.08m NOK (+3.7%). Net result +118.0k NOK → +572.7k NOK. Equity 367.1k NOK → 439.7k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for A1 TANNLEGEN KELLARI AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.97m NOK to 3.08m NOK (+3.7% YoY). Calculated
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Operating result improved
Operating result +145.4k NOK → +729.4k NOK (op. margin 4.9% → 23.7%). Calculated
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Net result improved
Net result +118.0k NOK → +572.7k NOK (net margin 4.0% → 18.6%). Calculated
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Equity strengthened
Book equity 367.1k NOK → 439.7k NOK (equity ratio 42.5% → 32.3%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 586.6k NOK → 140.1k NOK (-76.1% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 1.36× → 0.23× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Payroll increased
Salary cost 1.01m NOK → 4.89m NOK (34% → 158% of revenue). Calculated
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COGS fell
COGS / varekostnad 192.4k NOK → 176.8k NOK (-8.1% YoY). Calculated