AKADEMIET REALFAGSSKOLE DRAMMEN AS: årsregnskap 2020 vs 2019
Grew 6% on revenue, stronger earnings
approved 2021-05-20; registry 2021-06-15; journal 2021 322653
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AKADEMIET REALFAGSSKOLE DRAMMEN AS. Revenue 18.30m NOK → 19.48m NOK (+6.4%). Net result +2.25m NOK → +2.71m NOK. Equity 5.71m NOK → 8.41m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AKADEMIET REALFAGSSKOLE DRAMMEN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 18.30m NOK to 19.48m NOK (+6.4% YoY). Calculated
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Operating result improved
Operating result +2.25m NOK → +2.70m NOK (op. margin 12.3% → 13.9%). Calculated
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Net result improved
Net result +2.25m NOK → +2.71m NOK (net margin 12.3% → 13.9%). Calculated
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Equity strengthened
Book equity 5.71m NOK → 8.41m NOK (equity ratio 63.9% → 71.7%). Calculated
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Cash rose
Bank deposits 5.27m NOK → 6.38m NOK (+21.0% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 313.1k NOK → 243.9k NOK (-22.1% YoY). Calculated
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Book investments changed
Investment / intangible book value 18.30m NOK → 19.47m NOK. Reported fact