AKADEMIET UTVEKSLING AS: årsregnskap 2019 vs 2018
Grew 9% on revenue, slipped into loss
approved 2020-06-22; registry 2020-07-15; journal 2020 580150
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AKADEMIET UTVEKSLING AS. Revenue 10.94m NOK → 11.95m NOK (+9.2%). Net result +990.2k NOK → -176.8k NOK. Equity 453.6k NOK → 545.3k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; fell into a net loss.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for AKADEMIET UTVEKSLING AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 10.94m NOK to 11.95m NOK (+9.2% YoY). Calculated
-
↑
Equity strengthened
Book equity 453.6k NOK → 545.3k NOK (equity ratio 11.3% → 11.2%). Calculated
-
↑
Cash rose
Bank deposits 968.4k NOK → 2.67m NOK (+175.2% YoY). Calculated
-
↑
Payroll decreased
Salary cost 7.64m NOK → 1.33m NOK (70% → 11% of revenue). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +1.23m NOK → -121.1k NOK (op. margin 11.2% → -1.0%). Calculated
-
↓
Fell into a net loss
Net result flipped from 990.2k NOK profit to a loss of 176.8k NOK. Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 7.34m NOK → 8.28m NOK (+12.8% YoY). Calculated