FirmaIQ
Org.nr 886 897 502 2020 → 2021 Year-over-year analysis

AKADEMIET VGS BERGEN AS: årsregnskap 2021 vs 2020

Grew 17% on revenue, stronger earnings

approved 2022-05-26; registry 2022-06-21; journal 2022 477461

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AKADEMIET VGS BERGEN AS. Revenue 9.70m NOK → 11.35m NOK (+17.0%). Net result +467.5k NOK → +1.19m NOK. Equity -16.61m NOK → -15.43m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKADEMIET VGS BERGEN AS.

At a glance

Scorecard

Revenue
9.70m NOK 11.35m NOK
+17.0%
Operating result
+533.0k NOK +1.23m NOK
+130.3%
Net result
+467.5k NOK +1.19m NOK
+153.8%
Equity
-16.61m NOK -15.43m NOK
+7.1%
Cash
925.9k NOK 761.6k NOK
-17.7%
Total assets
1.53m NOK 2.67m NOK
+74.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9.70m NOK to 11.35m NOK (+17.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +533.0k NOK → +1.23m NOK (op. margin 5.5% → 10.8%). Calculated

  • ↑

    Net result improved

    Net result +467.5k NOK → +1.19m NOK (net margin 4.8% → 10.5%). Calculated

  • ↑

    Equity strengthened

    Book equity -16.61m NOK → -15.43m NOK (equity ratio -1084.8% → -577.6%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 1.08×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 925.9k NOK → 761.6k NOK (-17.7% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 154.9k NOK → 135.6k NOK (-12.5% YoY). Calculated