FirmaIQ
Org.nr 884 744 342 2019 → 2020 Year-over-year analysis

AKADEMIET VGS ÅLESUND AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-05-31; registry 2021-06-26; journal 2021 400271

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AKADEMIET VGS ÅLESUND AS. Revenue 44.99m NOK → 45.91m NOK (+2.0%). Net result +3.83m NOK → +6.69m NOK. Equity 22.34m NOK → 29.03m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

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

At a glance

Scorecard

Revenue
44.99m NOK 45.91m NOK
+2.0%
Operating result
+3.80m NOK +6.68m NOK
+76.0%
Net result
+3.83m NOK +6.69m NOK
+74.6%
Equity
22.34m NOK 29.03m NOK
+29.9%
Cash
25.59m NOK 30.83m NOK
+20.5%
Total assets
30.66m NOK 35.38m NOK
+15.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 44.99m NOK to 45.91m NOK (+2.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3.80m NOK → +6.68m NOK (op. margin 8.4% → 14.6%). Calculated

  • ↑

    Net result improved

    Net result +3.83m NOK → +6.69m NOK (net margin 8.5% → 14.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 22.34m NOK → 29.03m NOK (equity ratio 72.9% → 82.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 25.59m NOK → 30.83m NOK (+20.5% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 14 NOK → 1.55m NOK (+11093485.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 43.85m NOK → 45.12m NOK. Reported fact