FirmaIQ
Org.nr 897 104 962 2018 → 2019 Year-over-year analysis

AGRO ØRE-NESE-HALSKLINIKK AS: årsregnskap 2019 vs 2018

Another loss-making year

approved 2020-08-31; registry 2020-10-01; journal 2020 881560

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AGRO ØRE-NESE-HALSKLINIKK AS. Revenue 6.34m NOK → 6.07m NOK (-4.1%). Net result -25.6k NOK → -32.9k NOK. Equity 721.0k NOK → 688.1k NOK.

On the constructive side: cash rose; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; net result weakened; equity eroded.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
6.34m NOK 6.07m NOK
-4.1%
Operating result
n/m -30.4k NOK
—
Net result
-25.6k NOK -32.9k NOK
-28.5%
Equity
721.0k NOK 688.1k NOK
-4.6%
Cash
148.3k NOK 395.4k NOK
+166.6%
Total assets
1.71m NOK 1.21m NOK
-29.3%

What improved

  • ↑

    Cash rose

    Bank deposits 148.3k NOK → 395.4k NOK (+166.6% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.34× → 1.55×. Calculated

  • ↑

    Payroll decreased

    Salary cost 2.68m NOK → 2.29m NOK (42% → 38% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.34m NOK to 6.07m NOK (-4.1% YoY). Calculated

  • ↓

    Net result weakened

    Net result -25.6k NOK → -32.9k NOK (net margin -0.4% → -0.5%). Calculated

  • ↓

    Equity eroded

    Book equity 721.0k NOK → 688.1k NOK (equity ratio 42.3% → 57.1%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 2.11m NOK → 2.16m NOK (+2.2% YoY). Calculated