Org.nr 981 120 973 2022 → 2023 Year-over-year analysis

AKADEMIET VGS MØRE AS: årsregnskap 2023 vs 2022

Grew 27% on revenue, stronger earnings

approved 2024-05-27; registry 2024-06-29; journal 2024 548591

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AKADEMIET VGS MØRE AS. Revenue 3.21m NOK → 4.08m NOK (+27.1%). Net result +703.7k NOK → +855.5k NOK. Equity 838.7k NOK → 694.1k NOK.

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

Also worth watching: cogs fell; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for AKADEMIET VGS MØRE AS.

Scorecard

Revenue
3.21m NOK 4.08m NOK
+27.1%
Operating result
+705.2k NOK +806.1k NOK
+14.3%
Net result
+703.7k NOK +855.5k NOK
+21.6%
Equity
838.7k NOK 694.1k NOK
-17.2%
Cash
997.3k NOK 520.5k NOK
-47.8%
Total assets
234.8k NOK 2.94m NOK
+1151.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.21m NOK to 4.08m NOK (+27.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +705.2k NOK → +806.1k NOK (op. margin 22.0% → 19.7%). Calculated

  • ↑

    Net result improved

    Net result +703.7k NOK → +855.5k NOK (net margin 21.9% → 21.0%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.20× → 3.52×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 838.7k NOK → 694.1k NOK (equity ratio 357.2% → 23.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 997.3k NOK → 520.5k NOK (-47.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 20.2k NOK → 0 NOK (-100.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 3.21m NOK → 4.06m NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 2.8. Reported fact