LIFECARE ASA: årsregnskap 2021 vs 2020
Shrank 76% on revenue, weaker earnings, fresh owner capital
approved 2022-05-06; registry 2022-07-25; journal 2022 687026
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for LIFECARE ASA. Revenue 5.39m NOK → 1.27m NOK (-76.4%). Net result -2.61m NOK → -16.07m NOK. Equity 13.33m NOK → 24.05m NOK.
On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: 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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↑
Equity strengthened
Book equity 13.33m NOK → 24.05m NOK (equity ratio 91.2% → 80.4%). Calculated
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Cash rose
Bank deposits 11.48m NOK → 20.17m NOK (+75.8% YoY). Calculated
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Owners injected capital
Paid-in equity rose 32.51m NOK → 39.19m NOK (+6.68m NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.39m NOK to 1.27m NOK (-76.4% YoY). Calculated
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↓
Operating result weakened
Operating result -2.46m NOK → -16.02m NOK (op. margin -45.6% → -1257.1%). Calculated
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Net result weakened
Net result -2.61m NOK → -16.07m NOK (net margin -48.4% → -1260.7%). Calculated
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Payroll up without matching revenue
Salary cost 703.0k NOK → 1.54m NOK (13% → 121% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 5 052 NOK → 6.88m NOK. Reported fact