AB DENTALSERVICE AS: årsregnskap 2020 vs 2019
Returned to profit
approved 2021-08-31; registry 2021-09-16; journal 2021 763669
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AB DENTALSERVICE AS. Revenue 2.63m NOK → 2.51m NOK (-4.8%). Net result -33.3k NOK → +382.2k NOK. Equity 1.31m NOK → 1.70m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue; cogs moved.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -44.0k NOK → +490.4k NOK (op. margin -1.7% → 19.6%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 33.3k NOK to a profit of 382.2k NOK. Calculated
-
↑
Equity strengthened
Book equity 1.31m NOK → 1.70m NOK (equity ratio 60.1% → 66.3%). Calculated
-
↑
Cash rose
Bank deposits 583.7k NOK → 909.0k NOK (+55.7% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.63m NOK to 2.51m NOK (-4.8% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 8 NOK → 8.86m NOK (0% → 354% of revenue). Calculated
-
↓
COGS moved
COGS / varekostnad 542.1k NOK → 649.9k NOK (+19.9% YoY). Calculated