Org.nr 966 825 855 2006 → 2007 Year-over-year analysis

ACADEMEDIA EDUCATIONAL SERVICES AS: årsregnskap 2007 vs 2006

Weaker earnings

Summary

What changed

Comparing Årsregnskap 2007 with 2006 for ACADEMEDIA EDUCATIONAL SERVICES AS. Net result -248.8k NOK → -514.0k NOK. Equity 443.1k NOK → -70.9k NOK.

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

Revenue

133.0k NOK n/m

—

Operating result

-265.1k NOK -504.8k NOK

-90.4%

Net result

-248.8k NOK -514.0k NOK

-106.6%

Equity

443.1k NOK -70.9k NOK

-116.0%

Total assets

534.7k NOK 398.2k NOK

-25.5%

↓
Operating result weakened

Operating result -265.1k NOK → -504.8k NOK. Calculated
↓
Net result weakened

Net result -248.8k NOK → -514.0k NOK. Calculated
↓
Equity eroded

Book equity 443.1k NOK → -70.9k NOK (equity ratio 82.9% → -17.8%). Calculated
↓
Current ratio dropped below 1×

Current ratio 5.84× → 0.27× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Thin equity buffer

Equity ratio is -17.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation