AKADEMIET VGS BRAGERNES DRAMMEN AS: årsregnskap 2020 vs 2019
Stronger earnings
approved 2021-05-20; registry 2021-06-15; journal 2021 322671
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AKADEMIET VGS BRAGERNES DRAMMEN AS. Revenue 15.87m NOK → 16.19m NOK (+2.0%). Net result +585.3k NOK → +851.3k NOK. Equity 3.19m NOK → 4.05m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AKADEMIET VGS BRAGERNES DRAMMEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 15.87m NOK to 16.19m NOK (+2.0% YoY). Calculated
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Operating result improved
Operating result +582.5k NOK → +848.2k NOK (op. margin 3.7% → 5.2%). Calculated
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Net result improved
Net result +585.3k NOK → +851.3k NOK (net margin 3.7% → 5.3%). Calculated
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Equity strengthened
Book equity 3.19m NOK → 4.05m NOK (equity ratio 59.0% → 58.5%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 371.3k NOK → 222.0k NOK (-40.2% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 836.0k NOK → 338.8k NOK (-59.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 15.87m NOK → 16.18m NOK. Reported fact