Org.nr 990 251 657 2018 → 2019 Year-over-year analysis

LIFECARE ASA: årsregnskap 2019 vs 2018

Grew 326% on revenue

approved 2020-05-29; registry 2020-07-27; journal 2020 613079

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for LIFECARE ASA. Revenue 485.8k NOK → 2.07m NOK (+325.8%). Equity 22.24m NOK → 15.73m NOK.

On the constructive side: revenue rose; owners injected capital. Pressures included: equity eroded; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
485.8k NOK 2.07m NOK
+325.8%
Operating result
n/m -6.74m NOK
—
Net result
n/m -6.55m NOK
—
Equity
22.24m NOK 15.73m NOK
-29.3%
Cash
21.33m NOK 14.59m NOK
-31.6%
Total assets
23.42m NOK 17.49m NOK
-25.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 485.8k NOK to 2.07m NOK (+325.8% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 32.36m NOK → 32.37m NOK (+9 503 NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity 22.24m NOK → 15.73m NOK (equity ratio 95.0% → 89.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 21.33m NOK → 14.59m NOK (-31.6% YoY). Calculated