ACADEMY HOCKEY AS: årsregnskap 2019 vs 2018
Shrank 11% on revenue, weaker earnings
approved 2020-01-03; registry 2020-04-20; journal 2020 300264
Summary
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.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 243.4k NOK to 216.9k NOK (-10.9% YoY). Calculated
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↓
Operating result weakened
Operating result +112.6k NOK → +77.2k NOK (op. margin 46.3% → 35.6%). Calculated
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↓
Net result weakened
Net result +86.6k NOK → +60.3k NOK (net margin 35.6% → 27.8%). Calculated
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↓
Equity eroded
Book equity 37.5k NOK → 17.8k NOK (equity ratio 59.2% → 51.1%). Calculated
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↓
Cash fell
Bank deposits 63.4k NOK → 34.8k NOK (-45.1% YoY). Calculated