AKADEMIET PRIVATISTSKOLE DRAMMEN AS: årsregnskap 2010 vs 2009
Shrank 85% on revenue, stronger earnings, cash halved-plus
approved 2011-06-27; registry 2011-06-30; journal 2011 462699
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for AKADEMIET PRIVATISTSKOLE DRAMMEN AS. Revenue 744.7k NOK → 114.5k NOK (-84.6%). Net result +120.6k NOK → +566.4k NOK. Equity 102.5k NOK → 222.9k NOK.
On the constructive side: net result improved; equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell; cogs moved.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +120.6k NOK → +566.4k NOK (net margin 16.2% → 494.9%). Calculated
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↑
Equity strengthened
Book equity 102.5k NOK → 222.9k NOK (equity ratio 13.2% → 98.3%). Calculated
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↑
Payroll decreased
Salary cost 2.11m NOK → 2 NOK (283% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 744.7k NOK to 114.5k NOK (-84.6% YoY). Calculated
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↓
Cash fell
Bank deposits 619.8k NOK → 205.5k NOK (-66.8% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 157.9k NOK → 184.4k NOK (+16.8% YoY). Calculated