IDEX BIOMETRICS ASA: årsregnskap 2019 vs 2018
Grew 6% on revenue, fresh owner capital
approved 2020-04-21; registry 2020-06-30; journal 2020 505897
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for IDEX BIOMETRICS ASA. Revenue 3.57m NOK → 3.79m NOK (+6.1%). Net result -252.34m NOK → -296.51m NOK. Equity 118.66m NOK → 140.3k NOK.
On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: net result weakened; equity eroded.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for IDEX BIOMETRICS ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.57m NOK to 3.79m NOK (+6.1% YoY). Calculated
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↑
Cash rose
Bank deposits 72.20m NOK → 104.18m NOK (+44.3% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 1.37bn NOK → 1.69bn NOK (+318.20m NOK). Reported fact
What deteriorated
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↓
Net result weakened
Net result -252.34m NOK → -296.51m NOK (net margin -7062.6% → -7821.6%). Calculated
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↓
Equity eroded
Book equity 118.66m NOK → 140.3k NOK (equity ratio 70.1% → 70.3%). Calculated
Things to notice
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·
Payroll increased
Salary cost 35.60m NOK → 37.05m NOK (996% → 977% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 1.50m NOK → 547.0k NOK (-63.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 43.07m NOK → 42.56m NOK. Reported fact