AKADEMIET NORSK RESTAURANTSKOLE DRIFT AS: årsregnskap 2021 vs 2020
Shrank 77% on revenue, stronger earnings, cash halved-plus
approved 2022-03-24; registry 2022-06-01; journal 2022 384095
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AKADEMIET NORSK RESTAURANTSKOLE DRIFT AS. Revenue 1.98m NOK → 463.8k NOK (-76.6%). Net result -72.6k NOK → -7 874 NOK. Equity 69.4k NOK → 61.5k NOK.
On the constructive side: operating result improved; net result improved; current ratio back above 1×. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: paid-in equity reduced; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for AKADEMIET NORSK RESTAURANTSKOLE DRIFT AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -93.1k NOK → -2 697 NOK (op. margin -4.7% → -0.6%). Calculated
-
↑
Net result improved
Net result -72.6k NOK → -7 874 NOK (net margin -3.7% → -1.7%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.61× → 1.62×. Calculated
-
↑
Payroll decreased
Salary cost 514.6k NOK → 80.8k NOK (26% → 17% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.98m NOK to 463.8k NOK (-76.6% YoY). Calculated
-
↓
Equity eroded
Book equity 69.4k NOK → 61.5k NOK (equity ratio 20.2% → 16.8%). Calculated
-
↓
Cash fell
Bank deposits 88.7k NOK → 35.2k NOK (-60.3% YoY). Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 500.0k NOK → 494.4k NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
COGS fell
COGS / varekostnad 341.1k NOK → 124.3k NOK (-63.6% YoY). Calculated
-
·
Headcount (årsverk) changed
Reported FTEs 1 → 0. Reported fact