FirmaIQ
Org.nr 913 422 074 2019 → 2020 Year-over-year analysis

ACTIVE EDUCATION AS: årsregnskap 2020 vs 2019

Grew 38% on revenue, stronger earnings

approved 2021-06-30; registry 2021-07-20; journal 2021 514260

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ACTIVE EDUCATION AS. Revenue 10.50m NOK → 14.54m NOK (+38.5%). Net result +18.3k NOK → +3.61m NOK. Equity 2.62m NOK → 4.67m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ACTIVE EDUCATION AS.

At a glance

Scorecard

Revenue
10.50m NOK 14.54m NOK
+38.5%
Operating result
+1.26m NOK +4.63m NOK
+267.2%
Net result
+18.3k NOK +3.61m NOK
+19592.4%
Equity
2.62m NOK 4.67m NOK
+77.9%
Cash
4.66m NOK 11.07m NOK
+137.8%
Total assets
12.00m NOK 16.14m NOK
+34.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.50m NOK to 14.54m NOK (+38.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.26m NOK → +4.63m NOK (op. margin 12.0% → 31.8%). Calculated

  • ↑

    Net result improved

    Net result +18.3k NOK → +3.61m NOK (net margin 0.2% → 24.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.62m NOK → 4.67m NOK (equity ratio 21.9% → 28.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 4.66m NOK → 11.07m NOK (+137.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.54m NOK → 4.99m NOK (43% → 34% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 2.17m NOK → 2.26m NOK (+3.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 11.4k NOK → 56.4k NOK. Reported fact