FirmaIQ
Org.nr 913 422 074 2020 → 2021 Year-over-year analysis

ACTIVE EDUCATION AS: årsregnskap 2021 vs 2020

Grew 61% on revenue, stronger earnings

approved 2022-06-30; registry 2022-08-11; journal 2022 839243

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for ACTIVE EDUCATION AS. Revenue 14.54m NOK → 23.44m NOK (+61.2%). Net result +3.61m NOK → +6.85m NOK. Equity 4.67m NOK → 6.92m NOK.

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

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

At a glance

Scorecard

Revenue
14.54m NOK 23.44m NOK
+61.2%
Operating result
+4.63m NOK +8.78m NOK
+89.7%
Net result
+3.61m NOK +6.85m NOK
+89.9%
Equity
4.67m NOK 6.92m NOK
+48.2%
Cash
11.07m NOK 14.93m NOK
+34.8%
Total assets
16.14m NOK 22.02m NOK
+36.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 14.54m NOK to 23.44m NOK (+61.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +4.63m NOK → +8.78m NOK (op. margin 31.8% → 37.5%). Calculated

  • ↑

    Net result improved

    Net result +3.61m NOK → +6.85m NOK (net margin 24.8% → 29.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.67m NOK → 6.92m NOK (equity ratio 28.9% → 31.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 11.07m NOK → 14.93m NOK (+34.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.99m NOK → 8.04m NOK (34% → 34% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 2.26m NOK → 3.35m NOK (+48.3% YoY). Calculated