FirmaIQ
Org.nr 914 333 164 2020 → 2021 Year-over-year analysis

ACADEMIA SPORTS AS: årsregnskap 2021 vs 2020

Weaker earnings, cash halved-plus

registry 2022-10-04; journal 2022 934901

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ACADEMIA SPORTS AS. Revenue 294.6k NOK → 303.4k NOK (+3.0%). Net result +5.11m NOK → +272.2k NOK. Equity 4.65m NOK → 4.65m NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
294.6k NOK 303.4k NOK
+3.0%
Operating result
+175.4k NOK +170.0k NOK
-3.1%
Net result
+5.11m NOK +272.2k NOK
-94.7%
Equity
4.65m NOK 4.65m NOK
-0.0%
Cash
18.9k NOK 2 768 NOK
-85.3%
Total assets
7.73m NOK 9.00m NOK
+16.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 294.6k NOK to 303.4k NOK (+3.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +175.4k NOK → +170.0k NOK (op. margin 59.6% → 56.0%). Calculated

  • ↓

    Net result weakened

    Net result +5.11m NOK → +272.2k NOK (net margin 1735.6% → 89.7%). Calculated

  • ↓

    Equity eroded

    Book equity 4.65m NOK → 4.65m NOK (equity ratio 60.1% → 51.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 18.9k NOK → 2 768 NOK (-85.3% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 6.76× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated