Org.nr 977 057 043 2019 → 2020 Year-over-year analysis

ACTIVE FYSIOTERAPI OG MANUELLTERAPI AS: årsregnskap 2020 vs 2019

Weaker earnings, cash halved-plus

approved 2021-04-29; registry 2021-05-03; journal 2021 251026

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ACTIVE FYSIOTERAPI OG MANUELLTERAPI AS. Revenue 2.23m NOK → 2.18m NOK (-2.4%). Net result +125.0k NOK → +32.7k NOK. Equity 429.5k NOK → 137.0k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ACTIVE FYSIOTERAPI OG MANUELLTERAPI AS.

Scorecard

Revenue
2.23m NOK 2.18m NOK
-2.4%
Operating result
+158.4k NOK +41.1k NOK
-74.0%
Net result
+125.0k NOK +32.7k NOK
-73.9%
Equity
429.5k NOK 137.0k NOK
-68.1%
Cash
468.6k NOK 203.5k NOK
-56.6%
Total assets
680.6k NOK 384.9k NOK
-43.4%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.23m NOK to 2.18m NOK (-2.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +158.4k NOK → +41.1k NOK (op. margin 7.1% → 1.9%). Calculated

  • ↓

    Net result weakened

    Net result +125.0k NOK → +32.7k NOK (net margin 5.6% → 1.5%). Calculated

  • ↓

    Equity eroded

    Book equity 429.5k NOK → 137.0k NOK (equity ratio 63.1% → 35.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 468.6k NOK → 203.5k NOK (-56.6% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 336.5k NOK → 136.5k NOK — check capital reduction, conversion, or reclassification. Interpretation