FirmaIQ
Org.nr 811 731 242 2019 → 2020 Year-over-year analysis

AKADEMIET TOPPIDRETTSGYMNAS ÅLESUND AS: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-05-31; registry 2021-06-26; journal 2021 400297

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AKADEMIET TOPPIDRETTSGYMNAS ÅLESUND AS. Revenue 5.57m NOK → 5.84m NOK (+4.9%). Net result +1.32m NOK → +632.6k NOK. Equity 4.15m NOK → 4.78m NOK.

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

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AKADEMIET TOPPIDRETTSGYMNAS ÅLESUND AS.

At a glance

Scorecard

Revenue
5.57m NOK 5.84m NOK
+4.9%
Operating result
+1.31m NOK +632.8k NOK
-51.8%
Net result
+1.32m NOK +632.6k NOK
-52.1%
Equity
4.15m NOK 4.78m NOK
+15.3%
Cash
4.73m NOK 5.68m NOK
+20.0%
Total assets
4.99m NOK 6.08m NOK
+21.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.57m NOK to 5.84m NOK (+4.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 4.15m NOK → 4.78m NOK (equity ratio 83.1% → 78.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 4.73m NOK → 5.68m NOK (+20.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1.31m NOK → +632.8k NOK (op. margin 23.6% → 10.8%). Calculated

  • ↓

    Net result weakened

    Net result +1.32m NOK → +632.6k NOK (net margin 23.7% → 10.8%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 258.2k NOK → 428.9k NOK (+66.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 5.55m NOK → 5.83m NOK. Reported fact