FirmaIQ
Org.nr 887 504 822 2018 → 2019 Year-over-year analysis

AKADEMIET SANDNES AS: årsregnskap 2019 vs 2018

Shrank 6% on revenue, weaker earnings

approved 2019-12-31; registry 2020-06-11; journal 2020 417944

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AKADEMIET SANDNES AS. Revenue 33.73m NOK → 31.63m NOK (-6.2%). Net result +5.41m NOK → +481.7k NOK. Equity 10 NOK → 6.54m NOK.

On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
33.73m NOK 31.63m NOK
-6.2%
Operating result
+522.9k NOK +572.5k NOK
+9.5%
Net result
+5.41m NOK +481.7k NOK
-91.1%
Equity
10 NOK 6.54m NOK
+65438640.0%
Cash
5.00m NOK 4.25m NOK
-14.9%
Total assets
12.17m NOK 10.48m NOK
-13.8%

What improved

  • ↑

    Operating result improved

    Operating result +522.9k NOK → +572.5k NOK (op. margin 1.6% → 1.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 10 NOK → 6.54m NOK (equity ratio 0.0% → 62.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 33.73m NOK to 31.63m NOK (-6.2% YoY). Calculated

  • ↓

    Net result weakened

    Net result +5.41m NOK → +481.7k NOK (net margin 16.0% → 1.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 5.00m NOK → 4.25m NOK (-14.9% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 375.3k NOK → 435.1k NOK (+15.9% YoY). Calculated