Org.nr 915 108 253 2018 → 2019 Year-over-year analysis

AKADEMIK AS: årsregnskap 2019 vs 2018

Weaker earnings, cash halved-plus

approved 2020-06-09; registry 2020-06-11; journal 2020 451494

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AKADEMIK AS. Revenue 293.5k NOK → 292.8k NOK (-0.2%). Net result +20.8k NOK → +5 778 NOK.

On the constructive side: operating result improved; current ratio back above 1×. Pressures included: revenue fell; net result weakened; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
293.5k NOK 292.8k NOK
-0.2%
Operating result
-20.8k NOK +7 408 NOK
+135.6%
Net result
+20.8k NOK +5 778 NOK
-72.2%
Equity
33.9k NOK n/m
—
Cash
10.9k NOK 90 NOK
-99.2%
Total assets
33.9k NOK 41.3k NOK
+21.9%

What improved

  • ↑

    Operating result improved

    Operating result -20.8k NOK → +7 408 NOK (op. margin -7.1% → 2.5%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.72× → 25.33×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 293.5k NOK to 292.8k NOK (-0.2% YoY). Calculated

  • ↓

    Net result weakened

    Net result +20.8k NOK → +5 778 NOK (net margin 7.1% → 2.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 10.9k NOK → 90 NOK (-99.2% YoY). Calculated