ONTOGENY GROUP AS: årsregnskap 2019 vs 2018
Grew 15328% on revenue, stronger earnings, fresh owner capital
approved 2020-09-30; registry 2020-10-10; journal 2020 938040
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ONTOGENY GROUP AS. Revenue 2 747 NOK → 423.8k NOK (+15327.5%). Net result +180.5k NOK → +2.04m NOK. Equity 12.20m NOK → 212.1k NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ONTOGENY GROUP AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2 747 NOK to 423.8k NOK (+15327.5% YoY). Calculated
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Net result improved
Net result +180.5k NOK → +2.04m NOK (net margin 6570.2% → 481.6%). Calculated
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Cash rose
Bank deposits 85.7k NOK → 1.07m NOK (+1150.7% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.90× → 2.72×. Calculated
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Owners injected capital
Paid-in equity rose 24.4k NOK → 30.0k NOK (+5 570 NOK). Reported fact
What deteriorated
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Operating result weakened
Operating result +236.6k NOK → -536.7k NOK (op. margin 8614.4% → -126.6%). Calculated
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↓
Equity eroded
Book equity 12.20m NOK → 212.1k NOK (equity ratio 1322.4% → 59.6%). Calculated
Things to notice
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COGS moved
COGS / varekostnad 1 772 NOK → 233.5k NOK (+13077.1% YoY). Calculated
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Book investments changed
Investment / intangible book value 230.0k NOK → 911.3k NOK. Reported fact