AKADEMIET VGS BISLETT AS: årsregnskap 2021 vs 2020
Grew 19% on revenue, weaker earnings
approved 2022-06-02; registry 2022-06-14; journal 2022 420371
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AKADEMIET VGS BISLETT AS. Revenue 18.76m NOK → 22.40m NOK (+19.4%). Net result +966.4k NOK → +170.2k NOK. Equity 2.15m NOK → 4.32m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AKADEMIET VGS BISLETT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 18.76m NOK to 22.40m NOK (+19.4% YoY). Calculated
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↑
Equity strengthened
Book equity 2.15m NOK → 4.32m NOK (equity ratio 31.9% → 53.2%). Calculated
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↑
Cash rose
Bank deposits 4.21m NOK → 6.58m NOK (+56.4% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.96× → 1.78×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +960.0k NOK → +137.3k NOK (op. margin 5.1% → 0.6%). Calculated
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↓
Net result weakened
Net result +966.4k NOK → +170.2k NOK (net margin 5.2% → 0.8%). Calculated
Things to notice
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·
Payroll increased
Salary cost 10.74m NOK → 12.53m NOK (57% → 56% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 583.4k NOK → 972.4k NOK (+66.7% YoY). Calculated