Org.nr 897 104 962 2019 → 2020 Year-over-year analysis

AGRO ØRE-NESE-HALSKLINIKK AS: årsregnskap 2020 vs 2019

Shrank 18% on revenue, weaker earnings

approved 2021-06-25; registry 2021-07-15; journal 2021 490540

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AGRO ØRE-NESE-HALSKLINIKK AS. Revenue 6.07m NOK → 4.97m NOK (-18.1%). Net result -32.9k NOK → -64.3k NOK. Equity 688.1k NOK → 623.8k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

Scorecard

Revenue
6.07m NOK 4.97m NOK
-18.1%
Operating result
-30.4k NOK -72.9k NOK
-139.7%
Net result
-32.9k NOK -64.3k NOK
-95.4%
Equity
688.1k NOK 623.8k NOK
-9.3%
Cash
395.4k NOK 535.5k NOK
+35.4%
Total assets
1.21m NOK 1.29m NOK
+7.2%

What improved

  • ↑

    Cash rose

    Bank deposits 395.4k NOK → 535.5k NOK (+35.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.07m NOK to 4.97m NOK (-18.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -30.4k NOK → -72.9k NOK (op. margin -0.5% → -1.5%). Calculated

  • ↓

    Net result weakened

    Net result -32.9k NOK → -64.3k NOK (net margin -0.5% → -1.3%). Calculated

  • ↓

    Equity eroded

    Book equity 688.1k NOK → 623.8k NOK (equity ratio 57.1% → 48.3%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.55× → 0.06× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated