AB DENTALSERVICE AS: årsregnskap 2019 vs 2018
Stronger earnings
approved 2020-06-30; registry 2020-08-27; journal 2020 702539
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AB DENTALSERVICE AS. Revenue 2.54m NOK → 2.63m NOK (+3.8%). Net result -56.7k NOK → -33.3k NOK. Equity 1.35m NOK → 1.31m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AB DENTALSERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.54m NOK to 2.63m NOK (+3.8% YoY). Calculated
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↑
Operating result improved
Operating result -74.4k NOK → -44.0k NOK (op. margin -2.9% → -1.7%). Calculated
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↑
Net result improved
Net result -56.7k NOK → -33.3k NOK (net margin -2.2% → -1.3%). Calculated
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↑
Payroll decreased
Salary cost 8.43m NOK → 8 NOK (333% → 0% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 1.35m NOK → 1.31m NOK (equity ratio 60.4% → 60.1%). Calculated
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↓
Cash fell
Bank deposits 693.3k NOK → 583.7k NOK (-15.8% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 487.6k NOK → 542.1k NOK (+11.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 730.0k NOK → 746.6k NOK. Reported fact