FirmaIQ
Org.nr 966 825 855 2019 → 2020 Year-over-year analysis

ACADEMEDIA EDUCATIONAL SERVICES AS: årsregnskap 2020 vs 2019

Shrank 66% on revenue, stronger earnings

approved 2020-12-18; registry 2021-02-06; journal 2021 113220

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACADEMEDIA EDUCATIONAL SERVICES AS. Revenue 1.75m NOK → 600.4k NOK (-65.6%). Net result -152.5k NOK → -102.3k NOK. Equity 309.3k NOK → 207.0k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ACADEMEDIA EDUCATIONAL SERVICES AS.

At a glance

Scorecard

Revenue
1.75m NOK 600.4k NOK
-65.6%
Operating result
-200.6k NOK -134.1k NOK
+33.1%
Net result
-152.5k NOK -102.3k NOK
+33.0%
Equity
309.3k NOK 207.0k NOK
-33.1%
Total assets
379.6k NOK 275.3k NOK
-27.5%

What improved

  • ↑

    Operating result improved

    Operating result -200.6k NOK → -134.1k NOK (op. margin -11.5% → -22.3%). Calculated

  • ↑

    Net result improved

    Net result -152.5k NOK → -102.3k NOK (net margin -8.7% → -17.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.75m NOK to 600.4k NOK (-65.6% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 309.3k NOK → 207.0k NOK (equity ratio 81.5% → 75.2%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 309.3k NOK → 207.0k NOK — check capital reduction, conversion, or reclassification. Interpretation