AKADEMIET PRIVATISTSKOLE DRAMMEN AS: årsregnskap 2021 vs 2020
Shrank 63% on revenue, weaker earnings, cash halved-plus
approved 2022-06-09; registry 2022-06-23; journal 2022 494330
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AKADEMIET PRIVATISTSKOLE DRAMMEN AS. Revenue 4.87m NOK → 1.79m NOK (-63.2%). Net result +933.0k NOK → +432.2k NOK. Equity 100.0k NOK → 100.2k NOK.
On the constructive side: operating result improved; current ratio back above 1×. Pressures included: revenue fell; net result weakened; cash fell.
Also worth watching: thin equity buffer; sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for AKADEMIET PRIVATISTSKOLE DRAMMEN AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +1.16m NOK → +1.81m NOK (op. margin 23.8% → 101.1%). Calculated
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Current ratio back above 1×
Current ratio 0.83× → 1.05×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.87m NOK to 1.79m NOK (-63.2% YoY). Calculated
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↓
Net result weakened
Net result +933.0k NOK → +432.2k NOK (net margin 19.2% → 24.1%). Calculated
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↓
Cash fell
Bank deposits 1.15m NOK → 118.1k NOK (-89.7% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 5.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Sharp cash drawdown
Cash fell by more than 60% YoY (1.15m NOK → 118.1k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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COGS fell
COGS / varekostnad 108.7k NOK → -1 572 NOK (-101.4% YoY). Calculated