FirmaIQ
Org.nr 996 761 592 2019 → 2020 Year-over-year analysis

AKADEMIET PRIVATIST OG NETTSTUDIER AS: årsregnskap 2020 vs 2019

Grew 44% on revenue, stronger earnings

approved 2021-08-19; registry 2021-10-09; journal 2021 788241

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AKADEMIET PRIVATIST OG NETTSTUDIER AS. Revenue 47.84m NOK → 69.09m NOK (+44.4%). Net result +8.29m NOK → +15.99m NOK. Equity 9.49m NOK → 18.07m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AKADEMIET PRIVATIST OG NETTSTUDIER AS.

At a glance

Scorecard

Revenue
47.84m NOK 69.09m NOK
+44.4%
Operating result
+10.46m NOK +20.24m NOK
+93.6%
Net result
+8.29m NOK +15.99m NOK
+92.8%
Equity
9.49m NOK 18.07m NOK
+90.4%
Cash
14.87m NOK 30.29m NOK
+103.8%
Total assets
27.77m NOK 45.07m NOK
+62.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 47.84m NOK to 69.09m NOK (+44.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +10.46m NOK → +20.24m NOK (op. margin 21.9% → 29.3%). Calculated

  • ↑

    Net result improved

    Net result +8.29m NOK → +15.99m NOK (net margin 17.3% → 23.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 9.49m NOK → 18.07m NOK (equity ratio 34.2% → 40.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 14.87m NOK → 30.29m NOK (+103.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 NOK → 20.70m NOK (0% → 30% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 741.2k NOK → 3.21m NOK (+332.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 5.63m NOK → 6.58m NOK. Reported fact