AKADEMIET TOPPIDRETTSGYMNAS ÅLESUND AS: årsregnskap 2019 vs 2018
Shrank 15% on revenue, stronger earnings
approved 2020-06-04; registry 2020-06-22; journal 2020 467666
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AKADEMIET TOPPIDRETTSGYMNAS ÅLESUND AS. Revenue 6.54m NOK → 5.57m NOK (-14.9%). Net result +325.2k NOK → +1.32m NOK. Equity 10 NOK → 4.15m NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; cogs moved.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKADEMIET TOPPIDRETTSGYMNAS ÅLESUND AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +325.2k NOK → +1.32m NOK (net margin 5.0% → 23.7%). Calculated
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Equity strengthened
Book equity 10 NOK → 4.15m NOK (equity ratio 0.0% → 83.1%). Calculated
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Cash rose
Bank deposits 3.93m NOK → 4.73m NOK (+20.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 6.54m NOK to 5.57m NOK (-14.9% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 241.9k NOK → 258.2k NOK (+6.7% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 6.03m NOK → 5.55m NOK. Reported fact