FirmaIQ
Org.nr 988 930 687 2019 → 2020 Year-over-year analysis

AKADEMIET VGS BISLETT AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-05-26; registry 2021-06-26; journal 2021 398047

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AKADEMIET VGS BISLETT AS. Revenue 19.56m NOK → 18.76m NOK (-4.1%). Net result +634.9k NOK → +966.4k NOK. Equity 1 185 NOK → 2.15m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue; cogs moved.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
19.56m NOK 18.76m NOK
-4.1%
Operating result
+608.5k NOK +960.0k NOK
+57.8%
Net result
+634.9k NOK +966.4k NOK
+52.2%
Equity
1 185 NOK 2.15m NOK
+181458.9%
Cash
2.99m NOK 4.21m NOK
+40.9%
Total assets
6.49m NOK 6.75m NOK
+3.9%

What improved

  • ↑

    Operating result improved

    Operating result +608.5k NOK → +960.0k NOK (op. margin 3.1% → 5.1%). Calculated

  • ↑

    Net result improved

    Net result +634.9k NOK → +966.4k NOK (net margin 3.2% → 5.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 1 185 NOK → 2.15m NOK (equity ratio 0.0% → 31.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.99m NOK → 4.21m NOK (+40.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 19.56m NOK to 18.76m NOK (-4.1% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2 NOK → 10.74m NOK (0% → 57% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 391.6k NOK → 583.4k NOK (+49.0% YoY). Calculated