FirmaIQ
Org.nr 988 467 944 2020 → 2021 Year-over-year analysis

AKADEMIET FREDRIKSTAD AS: årsregnskap 2021 vs 2020

Shrank 15% on revenue, slipped into loss

approved 2022-04-29; registry 2022-05-25; journal 2022 271472

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AKADEMIET FREDRIKSTAD AS. Revenue 12.78m NOK → 10.81m NOK (-15.4%). Net result +592.6k NOK → -980.9k NOK. Equity 2.94m NOK → 1.96m NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AKADEMIET FREDRIKSTAD AS.

At a glance

Scorecard

Revenue
12.78m NOK 10.81m NOK
-15.4%
Operating result
+594.4k NOK -971.8k NOK
-263.5%
Net result
+592.6k NOK -980.9k NOK
-265.5%
Equity
2.94m NOK 1.96m NOK
-33.3%
Cash
3.56m NOK 2.74m NOK
-23.1%
Total assets
4.32m NOK 4.23m NOK
-2.0%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 12.78m NOK to 10.81m NOK (-15.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +594.4k NOK → -971.8k NOK (op. margin 4.7% → -9.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 592.6k NOK profit to a loss of 980.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.94m NOK → 1.96m NOK (equity ratio 68.1% → 46.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.56m NOK → 2.74m NOK (-23.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 156.5k NOK → 113.1k NOK (-27.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 12.77m NOK → 10.56m NOK. Reported fact