AKADEMIET YPSILON VIDEREGÅENDE SKOLE AS: årsregnskap 2020 vs 2019
Returned to profit
approved 2021-05-20; registry 2021-06-15; journal 2021 322661
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AKADEMIET YPSILON VIDEREGÅENDE SKOLE AS. Revenue 26.59m NOK → 27.20m NOK (+2.3%). Net result -533.1k NOK → +903.2k NOK. Equity -535.1k NOK → 368.2k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AKADEMIET YPSILON VIDEREGÅENDE SKOLE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 26.59m NOK to 27.20m NOK (+2.3% YoY). Calculated
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↑
Operating result improved
Operating result -342.7k NOK → +10.6k NOK (op. margin -1.3% → 0.0%). Calculated
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Turned profitable
Net result flipped from a loss of 533.1k NOK to a profit of 903.2k NOK. Calculated
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Equity strengthened
Book equity -535.1k NOK → 368.2k NOK (equity ratio -13.3% → 7.5%). Calculated
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↑
Cash rose
Bank deposits 1.66m NOK → 2.75m NOK (+65.9% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 737.3k NOK → 555.4k NOK (-24.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 26.59m NOK → 27.20m NOK. Reported fact