FirmaIQ
Org.nr 895 811 572 2019 → 2020 Year-over-year analysis

ABDALY SPESIALIST ALLMENNMEDISIN AS: årsregnskap 2020 vs 2019

Grew 7% on revenue, slipped into loss

approved 2021-08-16; registry 2021-09-09; journal 2021 685708

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABDALY SPESIALIST ALLMENNMEDISIN AS. Revenue 7.03m NOK → 7.50m NOK (+6.6%). Net result +2.05m NOK → -5.53m NOK. Equity 17.09m NOK → 11.05m NOK.

On the constructive side: revenue rose; operating result improved; payroll decreased. Pressures included: fell into a net loss; equity eroded; cash fell.

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

At a glance

Scorecard

Revenue
7.03m NOK 7.50m NOK
+6.6%
Operating result
+4.07m NOK +4.57m NOK
+12.3%
Net result
+2.05m NOK -5.53m NOK
-369.6%
Equity
17.09m NOK 11.05m NOK
-35.3%
Cash
441.1k NOK 228.2k NOK
-48.3%
Total assets
18.33m NOK 12.37m NOK
-32.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.03m NOK to 7.50m NOK (+6.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +4.07m NOK → +4.57m NOK (op. margin 57.8% → 60.9%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.61m NOK → 1.61m NOK (23% → 21% of revenue). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 2.05m NOK profit to a loss of 5.53m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 17.09m NOK → 11.05m NOK (equity ratio 93.2% → 89.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 441.1k NOK → 228.2k NOK (-48.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 296.2k NOK → 185.8k NOK (-37.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 451 NOK → 451.0k NOK. Reported fact