ONTOGENY GROUP AS: årsregnskap 2020 vs 2019
Grew 27% on revenue, slipped into loss, cash halved-plus
approved 2021-08-31; registry 2021-10-30; journal 2021 884909
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ONTOGENY GROUP AS. Revenue 423.8k NOK → 536.3k NOK (+26.5%). Net result +2.04m NOK → -565.6k NOK. Equity 212.1k NOK → 1.65m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; fell into a net loss; cash fell.
Also worth watching: 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 423.8k NOK to 536.3k NOK (+26.5% YoY). Calculated
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↑
Equity strengthened
Book equity 212.1k NOK → 1.65m NOK (equity ratio 59.6% → 45.6%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -536.7k NOK → -815.5k NOK (op. margin -126.6% → -152.1%). Calculated
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↓
Fell into a net loss
Net result flipped from 2.04m NOK profit to a loss of 565.6k NOK. Calculated
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↓
Cash fell
Bank deposits 1.07m NOK → 502.2k NOK (-53.2% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 911.3k NOK → 961.6k NOK. Reported fact