ONTOGENY GROUP AS: årsregnskap 2021 vs 2020
Grew 83% on revenue, returned to profit
approved 2022-10-11; registry 2022-10-19; journal 2022 938079
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ONTOGENY GROUP AS. Revenue 536.3k NOK → 982.0k NOK (+83.1%). Net result -565.6k NOK → +52.0k NOK. Equity 1.65m NOK → 1.70m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: cogs fell; 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 536.3k NOK to 982.0k NOK (+83.1% YoY). Calculated
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Operating result improved
Operating result -815.5k NOK → -477.0k NOK (op. margin -152.1% → -48.6%). Calculated
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Turned profitable
Net result flipped from a loss of 565.6k NOK to a profit of 52.0k NOK. Calculated
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Equity strengthened
Book equity 1.65m NOK → 1.70m NOK (equity ratio 45.6% → 34.6%). Calculated
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Cash rose
Bank deposits 502.2k NOK → 757.7k NOK (+50.9% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 233.9k NOK → 84.5k NOK (-63.9% YoY). Calculated
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Book investments changed
Investment / intangible book value 961.6k NOK → 511.4k NOK. Reported fact