Org.nr 980 850 897 2019 → 2020 Year-over-year analysis

AKADEMIET UTDANNING NORGE AS: årsregnskap 2020 vs 2019

Returned to profit

approved 2021-09-15; registry 2021-10-09; journal 2021 790385

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AKADEMIET UTDANNING NORGE AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -9.01m NOK → +7.94m NOK. Equity 2.44m NOK → 10.37m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: cash fell; payroll up without matching revenue; cogs moved.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKADEMIET UTDANNING NORGE AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-175.5k NOK +638.8k NOK
+463.9%
Net result
-9.01m NOK +7.94m NOK
+188.1%
Equity
2.44m NOK 10.37m NOK
+325.6%
Cash
496.0k NOK 356.2k NOK
-28.2%
Total assets
14.14m NOK 18.03m NOK
+27.5%

What improved

  • ↑

    Operating result improved

    Operating result -175.5k NOK → +638.8k NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 9.01m NOK to a profit of 7.94m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 2.44m NOK → 10.37m NOK (equity ratio 17.2% → 57.5%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 496.0k NOK → 356.2k NOK (-28.2% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 87.49m NOK → 1.12bn NOK. Calculated

  • ↓

    COGS moved

    COGS / varekostnad 2 438 NOK → 24.27m NOK (+995562.4% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 6.80m NOK → 7.91m NOK. Reported fact