Org.nr 980 412 024 2018 → 2019 Year-over-year analysis

AKADEMIET KRISTIANSAND AS: årsregnskap 2019 vs 2018

Shrank 43% on revenue, stronger earnings, fresh owner capital

approved 2020-05-29; registry 2020-06-27; journal 2020 496705

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AKADEMIET KRISTIANSAND AS. Revenue 15.34m NOK → 8.70m NOK (-43.3%). Net result +2.02m NOK → +2.94m NOK.

On the constructive side: net result improved; cash rose; owners injected capital. Pressures included: revenue fell.

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

At a glance

Revenue

15.34m NOK 8.70m NOK

-43.3%

Operating result

n/m -2.84m NOK

—

Net result

+2.02m NOK +2.94m NOK

+45.7%

Equity

n/m -5.14m NOK

—

Cash

306.7k NOK 1.06m NOK

+244.8%

Total assets

3.88m NOK 2.29m NOK

-41.0%

↑
Net result improved

Net result +2.02m NOK → +2.94m NOK (net margin 13.2% → 33.8%). Calculated
↑
Cash rose

Bank deposits 306.7k NOK → 1.06m NOK (+244.8% YoY). Calculated
↑
Owners injected capital

Paid-in equity rose 130 NOK → 130.0k NOK (+129.9k NOK). Reported fact

↓
Revenue fell

Operating income / revenue moved from 15.34m NOK to 8.70m NOK (-43.3% YoY). Calculated

·
COGS fell

COGS / varekostnad 701.4k NOK → 392.9k NOK (-44.0% YoY). Calculated
·
Book investments changed

Investment / intangible book value 14.55m NOK → 8.50m NOK. Reported fact