Org.nr 978 634 435 2019 → 2020 Year-over-year analysis

A1 TANNLEGEN KIRKEDAM AS: årsregnskap 2020 vs 2019

Shrank 29% on revenue, weaker earnings

approved 2021-04-14; registry 2021-04-26; journal 2021 207432

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A1 TANNLEGEN KIRKEDAM AS. Revenue 3.82m NOK → 2.70m NOK (-29.3%). Net result +217.2k NOK → +113.8k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A1 TANNLEGEN KIRKEDAM AS.

At a glance

Revenue

3.82m NOK 2.70m NOK

-29.3%

Operating result

+274.4k NOK +144.7k NOK

-47.3%

Net result

+217.2k NOK +113.8k NOK

-47.6%

Equity

n/m 1.24m NOK

—

Cash

1 159 NOK 1.27m NOK

+109836.2%

Total assets

1.82m NOK 1.75m NOK

-3.7%

↓
Revenue fell

Operating income / revenue moved from 3.82m NOK to 2.70m NOK (-29.3% YoY). Calculated
↓
Operating result weakened

Operating result +274.4k NOK → +144.7k NOK (op. margin 7.2% → 5.4%). Calculated
↓
Net result weakened

Net result +217.2k NOK → +113.8k NOK (net margin 5.7% → 4.2%). Calculated
↓
Payroll up without matching revenue

Salary cost 1 105 NOK → 4.93m NOK (0% → 182% of revenue). Calculated

·
COGS fell

COGS / varekostnad 641.7k NOK → 342.2k NOK (-46.7% YoY). Calculated
·
Book investments changed

Investment / intangible book value 55.0k NOK → 5 NOK. Reported fact