FirmaIQ
Org.nr 884 744 342 2018 → 2019 Year-over-year analysis

AKADEMIET VGS ÅLESUND AS: årsregnskap 2019 vs 2018

Shrank 12% on revenue, weaker earnings

approved 2020-06-04; registry 2020-06-22; journal 2020 467300

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AKADEMIET VGS ÅLESUND AS. Revenue 51.26m NOK → 44.99m NOK (-12.2%). Net result +11.27m NOK → +3.83m NOK. Equity 11 NOK → 22.34m NOK.

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

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

At a glance

Scorecard

Revenue
51.26m NOK 44.99m NOK
-12.2%
Operating result
+11.27m NOK +3.80m NOK
-66.3%
Net result
+11.27m NOK +3.83m NOK
-66.0%
Equity
11 NOK 22.34m NOK
+203105645.5%
Cash
22.70m NOK 25.59m NOK
+12.7%
Total assets
26.87m NOK 30.66m NOK
+14.1%

What improved

  • ↑

    Equity strengthened

    Book equity 11 NOK → 22.34m NOK (equity ratio 0.0% → 72.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 22.70m NOK → 25.59m NOK (+12.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 51.26m NOK to 44.99m NOK (-12.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +11.27m NOK → +3.80m NOK (op. margin 22.0% → 8.4%). Calculated

  • ↓

    Net result weakened

    Net result +11.27m NOK → +3.83m NOK (net margin 22.0% → 8.5%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 46.27m NOK → 43.85m NOK. Reported fact