ACADEMEDIA EDUCATIONAL SERVICES AS: årsregnskap 1998 vs 1997
Shrank 9% on revenue, returned to profit
Summary
What changed
Comparing Årsregnskap 1998 with 1997 for ACADEMEDIA EDUCATIONAL SERVICES AS. Revenue 110.0k NOK → 100.0k NOK (-9.1%). Net result -288.0k NOK → +8 130 NOK. Equity -767.3k NOK → 60.8k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
110.0k NOK
100.0k NOK
-9.1%
Operating result
-288.0k NOK
+7 800 NOK
+102.7%
Net result
-288.0k NOK
+8 130 NOK
+102.8%
Equity
-767.3k NOK
60.8k NOK
+107.9%
Total assets
124.1k NOK
111.4k NOK
-10.2%
What improved
-
↑
Operating result improved
Operating result -288.0k NOK → +7 800 NOK (op. margin -261.8% → 7.8%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 288.0k NOK to a profit of 8 130 NOK. Calculated
-
↑
Equity strengthened
Book equity -767.3k NOK → 60.8k NOK (equity ratio -618.2% → 54.6%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 110.0k NOK to 100.0k NOK (-9.1% YoY). Calculated