FirmaIQ
Org.nr 985 012 059 2018 → 2019 Year-over-year analysis

NAVAMEDIC ASA: årsregnskap 2019 vs 2018

Grew 32% on revenue

approved 2020-04-30; registry 2020-07-16; journal 2020 582844

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for NAVAMEDIC ASA. Revenue 24.47m NOK → 32.39m NOK (+32.4%). Equity 131.15m NOK → 87.66m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for NAVAMEDIC ASA.

At a glance

Scorecard

Revenue
24.47m NOK 32.39m NOK
+32.4%
Operating result
n/m -8.95m NOK
—
Net result
n/m -9.94m NOK
—
Equity
131.15m NOK 87.66m NOK
-33.2%
Cash
1.41m NOK 1.73m NOK
+22.5%
Total assets
168.57m NOK 164.25m NOK
-2.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 24.47m NOK to 32.39m NOK (+32.4% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 1.41m NOK → 1.73m NOK (+22.5% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 131.15m NOK → 87.66m NOK (equity ratio 77.8% → 53.4%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 120.75m NOK → 98.48m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 9.05m NOK → 20.90m NOK (37% → 65% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 122.64m NOK → 131.15m NOK (+6.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 148.97m NOK → 144.07m NOK. Reported fact