FirmaIQ
Org.nr 887 504 822 2019 → 2020 Year-over-year analysis

AKADEMIET SANDNES AS: årsregnskap 2020 vs 2019

Grew 10% on revenue, weaker earnings

approved 2021-05-26; registry 2021-06-24; journal 2021 396441

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AKADEMIET SANDNES AS. Revenue 31.63m NOK → 34.93m NOK (+10.5%). Net result +481.7k NOK → +314.2k NOK. Equity 6.54m NOK → 7.86m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AKADEMIET SANDNES AS.

At a glance

Scorecard

Revenue
31.63m NOK 34.93m NOK
+10.5%
Operating result
+572.5k NOK +374.3k NOK
-34.6%
Net result
+481.7k NOK +314.2k NOK
-34.8%
Equity
6.54m NOK 7.86m NOK
+20.1%
Cash
4.25m NOK 7.13m NOK
+67.6%
Total assets
10.48m NOK 11.84m NOK
+13.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 31.63m NOK to 34.93m NOK (+10.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 6.54m NOK → 7.86m NOK (equity ratio 62.4% → 66.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 4.25m NOK → 7.13m NOK (+67.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +572.5k NOK → +374.3k NOK (op. margin 1.8% → 1.1%). Calculated

  • ↓

    Net result weakened

    Net result +481.7k NOK → +314.2k NOK (net margin 1.5% → 0.9%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 435.1k NOK → 802.9k NOK (+84.5% YoY). Calculated