NAVAMEDIC ASA: årsregnskap 2020 vs 2019
Weaker earnings, fresh owner capital
approved 2021-06-03; registry 2021-08-17; journal 2021 620192
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for NAVAMEDIC ASA. Revenue 32.39m NOK → 30.79m NOK (-4.9%). Net result -9.94m NOK → -17.28m NOK. Equity 87.66m NOK → 128.23m NOK.
On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for NAVAMEDIC ASA.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -8.95m NOK → -8.82m NOK (op. margin -27.6% → -28.7%). Calculated
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↑
Equity strengthened
Book equity 87.66m NOK → 128.23m NOK (equity ratio 53.4% → 58.7%). Calculated
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↑
Cash rose
Bank deposits 1.73m NOK → 5.57m NOK (+222.2% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.39× → 1.51×. Calculated
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↑
Owners injected capital
Paid-in equity rose 98.48m NOK → 158.93m NOK (+60.45m NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 32.39m NOK to 30.79m NOK (-4.9% YoY). Calculated
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↓
Net result weakened
Net result -9.94m NOK → -17.28m NOK (net margin -30.7% → -56.1%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 131.15m NOK → 139.5k NOK (-99.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 144.07m NOK → 164.97m NOK. Reported fact