ACADEMEDIA EDUCATIONAL SERVICES AS: årsregnskap 2019 vs 2018
Shrank 71% on revenue, slipped into loss
approved 2019-12-20; registry 2020-02-05; journal 2020 206655
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACADEMEDIA EDUCATIONAL SERVICES AS. Revenue 6.07m NOK → 1.75m NOK (-71.3%). Net result +51.4k NOK → -152.5k NOK. Equity 461.8k NOK → 309.3k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ACADEMEDIA EDUCATIONAL SERVICES AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 6.07m NOK to 1.75m NOK (-71.3% YoY). Calculated
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↓
Operating result weakened
Operating result +6 559 NOK → -200.6k NOK (op. margin 0.1% → -11.5%). Calculated
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↓
Fell into a net loss
Net result flipped from 51.4k NOK profit to a loss of 152.5k NOK. Calculated
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↓
Equity eroded
Book equity 461.8k NOK → 309.3k NOK (equity ratio 77.5% → 81.5%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 456.0k NOK → 309.3k NOK — check capital reduction, conversion, or reclassification. Interpretation