AKADEMIET NORSK RESTAURANTSKOLE DRIFT AS: årsregnskap 2019 vs 2018
Grew 683% on revenue, returned to profit
approved 2020-04-28; registry 2020-08-08; journal 2020 658760
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AKADEMIET NORSK RESTAURANTSKOLE DRIFT AS. Revenue 240.4k NOK → 1.88m NOK (+683.3%). Net result -274.3k NOK → +67.1k NOK. Equity 74.8k NOK → 142.0k NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AKADEMIET NORSK RESTAURANTSKOLE DRIFT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 240.4k NOK to 1.88m NOK (+683.3% YoY). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 274.3k NOK to a profit of 67.1k NOK. Calculated
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↑
Equity strengthened
Book equity 74.8k NOK → 142.0k NOK (equity ratio 18.9% → 28.6%). Calculated
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↑
Cash rose
Bank deposits 32.6k NOK → 4.26m NOK (+12984.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +326.4k NOK → +97.7k NOK (op. margin 135.8% → 5.2%). Calculated
Things to notice
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·
Payroll increased
Salary cost 665.7k NOK → 674.4k NOK (277% → 36% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 603.3k NOK → 812.5k NOK (+34.7% YoY). Calculated