FirmaIQ
Org.nr 966 825 855 1996 → 1997 Year-over-year analysis

ACADEMEDIA EDUCATIONAL SERVICES AS: årsregnskap 1997 vs 1996

Weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 1997 with 1996 for ACADEMEDIA EDUCATIONAL SERVICES AS. Revenue 0 NOK → 110.0k NOK. Net result -89.6k NOK → -288.0k NOK. Equity -479.3k NOK → -767.3k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACADEMEDIA EDUCATIONAL SERVICES AS.

At a glance

Scorecard

Revenue
0 NOK 110.0k NOK
—
Operating result
-94.2k NOK -288.0k NOK
-205.7%
Net result
-89.6k NOK -288.0k NOK
-221.6%
Equity
-479.3k NOK -767.3k NOK
-60.1%
Total assets
370.8k NOK 124.1k NOK
-66.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 110.0k NOK. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -94.2k NOK → -288.0k NOK. Calculated

  • ↓

    Net result weakened

    Net result -89.6k NOK → -288.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -479.3k NOK → -767.3k NOK (equity ratio -129.3% → -618.2%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -618.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation