FirmaIQ
Org.nr 966 825 855 2012 → 2013 Year-over-year analysis

ACADEMEDIA EDUCATIONAL SERVICES AS: årsregnskap 2013 vs 2012

Grew 76% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ACADEMEDIA EDUCATIONAL SERVICES AS. Revenue 923.3k NOK → 1.62m NOK (+75.9%). Net result -219.1k NOK → -628.5k NOK. Equity 4.10m NOK → 58.5k 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
923.3k NOK 1.62m NOK
+75.9%
Operating result
-295.8k NOK -861.4k NOK
-191.2%
Net result
-219.1k NOK -628.5k NOK
-186.9%
Equity
4.10m NOK 58.5k NOK
-98.6%
Total assets
779.2k NOK 978.6k NOK
+25.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 923.3k NOK to 1.62m NOK (+75.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -295.8k NOK → -861.4k NOK (op. margin -32.0% → -53.0%). Calculated

  • ↓

    Net result weakened

    Net result -219.1k NOK → -628.5k NOK (net margin -23.7% → -38.7%). Calculated

  • ↓

    Equity eroded

    Book equity 4.10m NOK → 58.5k NOK (equity ratio 526.2% → 6.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation