Org.nr 966 825 855 2018 → 2019 Year-over-year analysis

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

Full company analysis · All year comparisons

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.

Scorecard

Revenue
6.07m NOK 1.75m NOK
-71.3%
Operating result
+6 559 NOK -200.6k NOK
-3158.4%
Net result
+51.4k NOK -152.5k NOK
-396.7%
Equity
461.8k NOK 309.3k NOK
-33.0%
Total assets
596.1k NOK 379.6k NOK
-36.3%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.07m NOK to 1.75m NOK (-71.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +6 559 NOK → -200.6k NOK (op. margin 0.1% → -11.5%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 51.4k NOK profit to a loss of 152.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 461.8k NOK → 309.3k NOK (equity ratio 77.5% → 81.5%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 456.0k NOK → 309.3k NOK — check capital reduction, conversion, or reclassification. Interpretation