Org.nr 983 860 516 2019 → 2020 Year-over-year analysis

GENTIAN DIAGNOSTICS ASA: årsregnskap 2020 vs 2019

Grew 42% on revenue, stronger earnings

approved 2021-04-15; registry 2021-06-12; journal 2021 293594

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for GENTIAN DIAGNOSTICS ASA. Revenue 55.38m NOK → 78.88m NOK (+42.4%). Net result -19.16m NOK → -2.26m NOK. Equity 3.28bn NOK → 3.28bn NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for GENTIAN DIAGNOSTICS ASA.

Scorecard

Revenue
55.38m NOK 78.88m NOK
+42.4%
Operating result
-11.63m NOK -5.19m NOK
+55.4%
Net result
-19.16m NOK -2.26m NOK
+88.2%
Equity
3.28bn NOK 3.28bn NOK
+0.0%
Cash
163.99m NOK 151.29m NOK
-7.7%
Total assets
282.42m NOK 280.76m NOK
-0.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 55.38m NOK to 78.88m NOK (+42.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -11.63m NOK → -5.19m NOK (op. margin -21.0% → -6.6%). Calculated

  • ↑

    Net result improved

    Net result -19.16m NOK → -2.26m NOK (net margin -34.6% → -2.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.28bn NOK → 3.28bn NOK (equity ratio 1161.1% → 1168.5%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 302.87m NOK → 303.34m NOK (+462.0k NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 163.99m NOK → 151.29m NOK (-7.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 118.36m NOK → 128.77m NOK. Reported fact