ADB OSLO PRIVATE TANNLEGEVAKT AS: årsregnskap 2020 vs 2019
Shrank 26% on revenue, slipped into loss
approved 2021-06-30; registry 2021-07-29; journal 2021 556621
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ADB OSLO PRIVATE TANNLEGEVAKT AS. Revenue 8.42m NOK → 6.20m NOK (-26.4%). Net result +410.9k NOK → -392.9k NOK. Equity 714.1k NOK → 321.2k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADB OSLO PRIVATE TANNLEGEVAKT AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 3.13m NOK → 2.19m NOK (37% → 35% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 8.42m NOK to 6.20m NOK (-26.4% YoY). Calculated
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↓
Operating result weakened
Operating result +526.0k NOK → -395.1k NOK (op. margin 6.2% → -6.4%). Calculated
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↓
Fell into a net loss
Net result flipped from 410.9k NOK profit to a loss of 392.9k NOK. Calculated
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↓
Equity eroded
Book equity 714.1k NOK → 321.2k NOK (equity ratio 20.9% → 17.0%). Calculated
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↓
Cash fell
Bank deposits 985.3k NOK → 640.6k NOK (-35.0% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 3.16m NOK → 2.86m NOK (-9.6% YoY). Calculated