AKADEMIET VGS BRAGERNES DRAMMEN AS: årsregnskap 2022 vs 2021
Grew 8% on revenue, returned to profit, cash halved-plus
approved 2023-06-01; registry 2023-06-21; journal 2023 491017
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AKADEMIET VGS BRAGERNES DRAMMEN AS. Revenue 16.60m NOK → 17.93m NOK (+8.0%). Net result -117.0k NOK → +469.3k NOK. Equity 3.93m NOK → 4.40m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: cogs moved; 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 16.60m NOK to 17.93m NOK (+8.0% YoY). Calculated
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↑
Operating result improved
Operating result -119.3k NOK → +468.3k NOK (op. margin -0.7% → 2.6%). Calculated
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Turned profitable
Net result flipped from a loss of 117.0k NOK to a profit of 469.3k NOK. Calculated
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↑
Equity strengthened
Book equity 3.93m NOK → 4.40m NOK (equity ratio 59.8% → 64.9%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.96× → 1.12×. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 2.00m NOK → 820.4k NOK (-59.1% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 305.1k NOK → 681.5k NOK (+123.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 16.60m NOK → 17.93m NOK. Reported fact