Org.nr 917 784 469 2018 → 2019 Year-over-year analysis

ACADEMY HOCKEY AS: årsregnskap 2019 vs 2018

Shrank 11% on revenue, weaker earnings

approved 2020-01-03; registry 2020-04-20; journal 2020 300264

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ACADEMY HOCKEY AS. Revenue 243.4k NOK → 216.9k NOK (-10.9%). Net result +86.6k NOK → +60.3k NOK. Equity 37.5k NOK → 17.8k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

Scorecard

Revenue
243.4k NOK 216.9k NOK
-10.9%
Operating result
+112.6k NOK +77.2k NOK
-31.4%
Net result
+86.6k NOK +60.3k NOK
-30.4%
Equity
37.5k NOK 17.8k NOK
-52.6%
Cash
63.4k NOK 34.8k NOK
-45.1%
Total assets
63.4k NOK 34.8k NOK
-45.1%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 243.4k NOK to 216.9k NOK (-10.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +112.6k NOK → +77.2k NOK (op. margin 46.3% → 35.6%). Calculated

  • ↓

    Net result weakened

    Net result +86.6k NOK → +60.3k NOK (net margin 35.6% → 27.8%). Calculated

  • ↓

    Equity eroded

    Book equity 37.5k NOK → 17.8k NOK (equity ratio 59.2% → 51.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 63.4k NOK → 34.8k NOK (-45.1% YoY). Calculated