FirmaIQ
Org.nr 895 811 572 2018 → 2019 Year-over-year analysis

ABDALY SPESIALIST ALLMENNMEDISIN AS: årsregnskap 2019 vs 2018

Grew 18% on revenue, weaker earnings

approved 2020-09-15; registry 2020-09-22; journal 2020 846364

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ABDALY SPESIALIST ALLMENNMEDISIN AS. Revenue 5.94m NOK → 7.03m NOK (+18.5%). Net result +5.37m NOK → +2.05m NOK. Equity 15.03m NOK → 17.09m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABDALY SPESIALIST ALLMENNMEDISIN AS.

At a glance

Scorecard

Revenue
5.94m NOK 7.03m NOK
+18.5%
Operating result
+3.98m NOK +4.07m NOK
+2.1%
Net result
+5.37m NOK +2.05m NOK
-61.8%
Equity
15.03m NOK 17.09m NOK
+13.6%
Cash
57.5k NOK 441.1k NOK
+667.1%
Total assets
16.14m NOK 18.33m NOK
+13.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.94m NOK to 7.03m NOK (+18.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3.98m NOK → +4.07m NOK (op. margin 67.1% → 57.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 15.03m NOK → 17.09m NOK (equity ratio 93.1% → 93.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 57.5k NOK → 441.1k NOK (+667.1% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +5.37m NOK → +2.05m NOK (net margin 90.4% → 29.2%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 901.3k NOK → 1.61m NOK (15% → 23% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 21.1k NOK → 296.2k NOK (+1307.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 325.0k NOK → 451 NOK. Reported fact