ACTIVE EDUCATION AS: årsregnskap 2019 vs 2018
Grew 28% on revenue, weaker earnings
approved 2020-09-10; registry 2020-09-21; journal 2020 841170
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACTIVE EDUCATION AS. Revenue 8.19m NOK → 10.50m NOK (+28.2%). Net result +759.6k NOK → +18.3k NOK. Equity 5.61m NOK → 2.62m NOK.
On the constructive side: revenue rose. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ACTIVE EDUCATION AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 8.19m NOK to 10.50m NOK (+28.2% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +759.6k NOK → +18.3k NOK (net margin 9.3% → 0.2%). Calculated
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↓
Equity eroded
Book equity 5.61m NOK → 2.62m NOK (equity ratio 52.4% → 21.9%). Calculated
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↓
Cash fell
Bank deposits 8.00m NOK → 4.66m NOK (-41.8% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 1.40m NOK → 2.17m NOK (+55.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 16.0k NOK → 11.4k NOK. Reported fact