FirmaIQ
Org.nr 995 413 310 2018 → 2019 Year-over-year analysis

AKADEMIET FOR PERSONLIG TRENING AS: årsregnskap 2019 vs 2018

Weaker earnings

approved 2020-08-31; registry 2020-09-17; journal 2020 824353

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AKADEMIET FOR PERSONLIG TRENING AS. Revenue 23.01m NOK → 21.95m NOK (-4.6%). Net result +2.81m NOK → +74.3k NOK. Equity 1.81m NOK → 1.89m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AKADEMIET FOR PERSONLIG TRENING AS.

At a glance

Scorecard

Revenue
23.01m NOK 21.95m NOK
-4.6%
Operating result
+3.80m NOK -22.6k NOK
-100.6%
Net result
+2.81m NOK +74.3k NOK
-97.4%
Equity
1.81m NOK 1.89m NOK
+4.1%
Cash
2.34m NOK 2.37m NOK
+1.1%
Total assets
17.54m NOK 19.92m NOK
+13.6%

What improved

  • ↑

    Equity strengthened

    Book equity 1.81m NOK → 1.89m NOK (equity ratio 10.3% → 9.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.34m NOK → 2.37m NOK (+1.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 23.01m NOK to 21.95m NOK (-4.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +3.80m NOK → -22.6k NOK (op. margin 16.5% → -0.1%). Calculated

  • ↓

    Net result weakened

    Net result +2.81m NOK → +74.3k NOK (net margin 12.2% → 0.3%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 5.61m NOK → 6.26m NOK (24% → 29% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation