AKADEMIET VGS BERGEN AS: årsregnskap 2020 vs 2019
Grew 38% on revenue, stronger earnings
approved 2021-05-26; registry 2021-06-26; journal 2021 397119
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AKADEMIET VGS BERGEN AS. Revenue 7.03m NOK → 9.70m NOK (+37.9%). Net result +10.3k NOK → +467.5k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for AKADEMIET VGS BERGEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7.03m NOK to 9.70m NOK (+37.9% YoY). Calculated
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↑
Operating result improved
Operating result +428.9k NOK → +533.0k NOK (op. margin 6.1% → 5.5%). Calculated
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↑
Net result improved
Net result +10.3k NOK → +467.5k NOK (net margin 0.1% → 4.8%). Calculated
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↑
Cash rose
Bank deposits 203.9k NOK → 925.9k NOK (+354.2% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 3.48× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 88.4k NOK → 154.9k NOK (+75.3% YoY). Calculated