Org.nr 936 656 013 2019 → 2020 Year-over-year analysis

MEDISTIM ASA: årsregnskap 2020 vs 2019

Grew 97377% on revenue, fresh owner capital

approved 2021-04-27; registry 2021-06-03; journal 2021 256898

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for MEDISTIM ASA. Revenue 200.5k NOK → 195.44m NOK (+97376.8%). Net result +58.33m NOK → +60.17m NOK. Equity 133.3k NOK → 140.5k NOK.

On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened; cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for MEDISTIM ASA.

Scorecard

Revenue
200.5k NOK 195.44m NOK
+97376.8%
Operating result
+51.53m NOK +45.41m NOK
-11.9%
Net result
+58.33m NOK +60.17m NOK
+3.2%
Equity
133.3k NOK 140.5k NOK
+5.4%
Cash
23.35m NOK 19.95m NOK
-14.5%
Total assets
233.1k NOK 243.7k NOK
+4.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 200.5k NOK to 195.44m NOK (+97376.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 133.3k NOK → 140.5k NOK (equity ratio 57.2% → 57.6%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 133.3k NOK → 4.58m NOK (+4.45m NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 63.52m NOK → 5 NOK (31680% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +51.53m NOK → +45.41m NOK (op. margin 25702.9% → 23.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 23.35m NOK → 19.95m NOK (-14.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 41.43m NOK → 37.66m NOK (-9.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 46.73m NOK → 45.95m NOK. Reported fact