ABC-KLINIKKEN AS: årsregnskap 2020 vs 2019
Shrank 26% on revenue, weaker earnings
approved 2021-06-30; registry 2021-09-06; journal 2021 721338
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABC-KLINIKKEN AS. Revenue 2.45m NOK → 1.81m NOK (-26.1%). Net result -100.8k NOK → -122.0k NOK. Equity -227.4k NOK → -349.4k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ABC-KLINIKKEN AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 2.45m NOK to 1.81m NOK (-26.1% YoY). Calculated
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Operating result weakened
Operating result -126.0k NOK → -155.7k NOK (op. margin -5.2% → -8.6%). Calculated
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Net result weakened
Net result -100.8k NOK → -122.0k NOK (net margin -4.1% → -6.7%). Calculated
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↓
Equity eroded
Book equity -227.4k NOK → -349.4k NOK (equity ratio -61.2% → -117.6%). Calculated
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Cash fell
Bank deposits 74.2k NOK → 50.5k NOK (-32.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -117.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 256.0k NOK → 211.9k NOK (-17.2% YoY). Calculated