ACADEMIA SPORTS AS: årsregnskap 2020 vs 2019
Stronger earnings
registry 2021-09-23; journal 2021 787051
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACADEMIA SPORTS AS. Revenue 293.3k NOK → 294.6k NOK (+0.4%). Net result +51.6k NOK → +5.11m NOK. Equity 4.53m NOK → 4.65m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ACADEMIA SPORTS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 293.3k NOK to 294.6k NOK (+0.4% YoY). Calculated
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↑
Net result improved
Net result +51.6k NOK → +5.11m NOK (net margin 17.6% → 1735.6%). Calculated
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↑
Equity strengthened
Book equity 4.53m NOK → 4.65m NOK (equity ratio 61.6% → 60.1%). Calculated
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↑
Cash rose
Bank deposits 3 331 NOK → 18.9k NOK (+466.8% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.15× → 6.76×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +184.0k NOK → +175.4k NOK (op. margin 62.8% → 59.6%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 4.54m NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation