ACADEMEDIA EDUCATIONAL SERVICES AS: årsregnskap 2011 vs 2010
Shrank 52% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for ACADEMEDIA EDUCATIONAL SERVICES AS. Revenue 1.89m NOK → 906.4k NOK (-51.9%). Net result -956.9k NOK → -503.0k NOK. Equity 87.8k NOK → 87.8k NOK.
On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell.
Net constructive year on the published lines.
At a glance
Scorecard
Revenue
1.89m NOK
906.4k NOK
-51.9%
Operating result
-1.71m NOK
-671.8k NOK
+60.8%
Net result
-956.9k NOK
-503.0k NOK
+47.4%
Equity
87.8k NOK
87.8k NOK
0.0%
Total assets
493.9k NOK
838.6k NOK
+69.8%
What improved
-
↑
Operating result improved
Operating result -1.71m NOK → -671.8k NOK (op. margin -90.9% → -74.1%). Calculated
-
↑
Net result improved
Net result -956.9k NOK → -503.0k NOK (net margin -50.7% → -55.5%). Calculated
-
↑
Payroll decreased
Salary cost 88.3k NOK → 0 NOK (5% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.89m NOK to 906.4k NOK (-51.9% YoY). Calculated