ABC TANNKLINIKKEN AS: årsregnskap 2020 vs 2019
Shrank 14% on revenue, weaker earnings
approved 2021-04-26; registry 2021-05-05; journal 2021 260829
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ABC TANNKLINIKKEN AS. Revenue 2.09m NOK → 1.80m NOK (-13.8%). Net result +27.9k NOK → +17.8k NOK. Equity 251.5k NOK → 269.4k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 251.5k NOK → 269.4k NOK (equity ratio 50.7% → 55.0%). Calculated
-
↑
Cash rose
Bank deposits 328.1k NOK → 351.3k NOK (+7.1% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.09m NOK to 1.80m NOK (-13.8% YoY). Calculated
-
↓
Operating result weakened
Operating result +41.3k NOK → +22.8k NOK (op. margin 2.0% → 1.3%). Calculated
-
↓
Net result weakened
Net result +27.9k NOK → +17.8k NOK (net margin 1.3% → 1.0%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 1.03m NOK → 2.82m NOK (50% → 156% of revenue). Calculated
-
↓
COGS moved
COGS / varekostnad 161.6k NOK → 233.3k NOK (+44.4% YoY). Calculated