ABC SYNSKIRURGI AS: årsregnskap 2020 vs 2019
Stronger earnings
approved 2021-03-25; registry 2021-06-12; journal 2021 289696
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABC SYNSKIRURGI AS. Revenue 15.06m NOK → 14.51m NOK (-3.6%). Net result -421.4k NOK → -273.8k NOK. Equity 3.09m NOK → 2.81m NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ABC SYNSKIRURGI AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -488.0k NOK → -302.1k NOK (op. margin -3.2% → -2.1%). Calculated
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Net result improved
Net result -421.4k NOK → -273.8k NOK (net margin -2.8% → -1.9%). Calculated
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Cash rose
Bank deposits 1.27m NOK → 1.92m NOK (+50.9% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 15.06m NOK to 14.51m NOK (-3.6% YoY). Calculated
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↓
Equity eroded
Book equity 3.09m NOK → 2.81m NOK (equity ratio 49.8% → 49.5%). Calculated
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↓
Payroll up without matching revenue
Salary cost 3.28m NOK → 3.40m NOK (22% → 23% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 4.46m NOK → 4.29m NOK (-3.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 961.0k NOK → 1 960 NOK. Reported fact