Org.nr 968 054 422 2019 → 2020 Year-over-year analysis

ADVANCED IMAGING AS: årsregnskap 2020 vs 2019

Grew 52% on revenue, stronger earnings

approved 2021-07-24; registry 2021-08-09; journal 2021 592510

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ADVANCED IMAGING AS. Revenue 2.63m NOK → 3.99m NOK (+51.8%). Net result +1.18m NOK → +1.54m NOK. Equity 10.29m NOK → 12.13m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for ADVANCED IMAGING AS.

Scorecard

Revenue
2.63m NOK 3.99m NOK
+51.8%
Operating result
+1.50m NOK +1.94m NOK
+29.0%
Net result
+1.18m NOK +1.54m NOK
+30.1%
Equity
10.29m NOK 12.13m NOK
+17.9%
Cash
1.86m NOK 1.88m NOK
+1.2%
Total assets
2.42m NOK 2.82m NOK
+16.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.63m NOK to 3.99m NOK (+51.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.50m NOK → +1.94m NOK (op. margin 57.2% → 48.6%). Calculated

  • ↑

    Net result improved

    Net result +1.18m NOK → +1.54m NOK (net margin 45.0% → 38.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 10.29m NOK → 12.13m NOK (equity ratio 424.6% → 430.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.86m NOK → 1.88m NOK (+1.2% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1.5 → 1. Reported fact