LIFECARE ASA: årsregnskap 2020 vs 2019
Grew 161% on revenue, stronger earnings
approved 2021-05-07; registry 2021-10-05; journal 2021 773111
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for LIFECARE ASA. Revenue 2.07m NOK → 5.39m NOK (+160.6%). Net result -6.55m NOK → -2.61m NOK. Equity 15.73m NOK → 13.33m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for LIFECARE ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.07m NOK to 5.39m NOK (+160.6% YoY). Calculated
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Operating result improved
Operating result -6.74m NOK → -2.46m NOK (op. margin -325.8% → -45.6%). Calculated
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Net result improved
Net result -6.55m NOK → -2.61m NOK (net margin -316.9% → -48.4%). Calculated
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Owners injected capital
Paid-in equity rose 32.37m NOK → 32.51m NOK (+141.3k NOK). Reported fact
What deteriorated
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↓
Equity eroded
Book equity 15.73m NOK → 13.33m NOK (equity ratio 89.9% → 91.2%). Calculated
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Cash fell
Bank deposits 14.59m NOK → 11.48m NOK (-21.3% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 342.3k NOK → 703.0k NOK (17% → 13% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 129.1k NOK → 5 052 NOK. Reported fact