FirmaIQ
Org.nr 940 973 643 2020 → 2021 Year-over-year analysis

AKADEMIKA AS: årsregnskap 2021 vs 2020

Shrank 59% on revenue, weaker earnings

approved 2022-06-29; registry 2022-08-02; journal 2022 762842

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AKADEMIKA AS. Revenue 8.48bn NOK → 3.50bn NOK (-58.7%). Net result +7.98m NOK → +2.54m NOK. Equity 60.14m NOK → 62.37m NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AKADEMIKA AS.

At a glance

Scorecard

Revenue
8.48bn NOK 3.50bn NOK
-58.7%
Operating result
+6.71m NOK +1.17m NOK
-82.6%
Net result
+7.98m NOK +2.54m NOK
-68.2%
Equity
60.14m NOK 62.37m NOK
+3.7%
Cash
1.97m NOK 2.19m NOK
+11.5%
Total assets
188.35m NOK 186.89m NOK
-0.8%

What improved

  • ↑

    Equity strengthened

    Book equity 60.14m NOK → 62.37m NOK (equity ratio 31.9% → 33.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.97m NOK → 2.19m NOK (+11.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.48bn NOK to 3.50bn NOK (-58.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +6.71m NOK → +1.17m NOK (op. margin 0.1% → 0.0%). Calculated

  • ↓

    Net result weakened

    Net result +7.98m NOK → +2.54m NOK (net margin 0.1% → 0.1%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 51.86m NOK → 62.08m NOK (1% → 2% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 8.34bn NOK → 3.35bn NOK (-59.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1.03m NOK → 8.94m NOK. Reported fact