Org.nr 989 500 422 2018 → 2019 Year-over-year analysis

ACADEMICA MALERENTREPRENØREN AS: årsregnskap 2019 vs 2018

A steady year on the published lines

approved 2020-04-14; registry 2020-06-18; journal 2020 456291

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for ACADEMICA MALERENTREPRENØREN AS. Revenue 26.83m NOK → 25.71m NOK (-4.2%). Equity 2.80m NOK → 3.41m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACADEMICA MALERENTREPRENØREN AS.

At a glance

Revenue

26.83m NOK 25.71m NOK

-4.2%

Operating result

n/m +3.33m NOK

—

Net result

n/m +2.61m NOK

—

Equity

2.80m NOK 3.41m NOK

+21.9%

Cash

6.01m NOK 4.91m NOK

-18.2%

Total assets

9.69m NOK 9.43m NOK

-2.7%

↑
Equity strengthened

Book equity 2.80m NOK → 3.41m NOK (equity ratio 28.8% → 36.1%). Calculated

↓
Revenue fell

Operating income / revenue moved from 26.83m NOK to 25.71m NOK (-4.2% YoY). Calculated
↓
Cash fell

Bank deposits 6.01m NOK → 4.91m NOK (-18.2% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 7.92m NOK → 8.73m NOK (30% → 34% of revenue). Calculated

·
COGS fell

COGS / varekostnad 12.06m NOK → 10.84m NOK (-10.2% YoY). Calculated