ACADEMEDIA NORGE AS: årsregnskap 2015 vs 2014
Grew 28% on revenue, weaker earnings, cash halved-plus
approved 2015-12-14; registry 2016-01-13; journal 2016 300887
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ACADEMEDIA NORGE AS. Revenue 6.37bn NOK → 8.16bn NOK (+28.1%). Net result +213.00m NOK → +253.0k NOK. Equity 0 NOK → 350.03m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: sharp cash drawdown; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ACADEMEDIA NORGE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 6.37bn NOK to 8.16bn NOK (+28.1% YoY). Calculated
-
↑
Equity strengthened
Book equity 0 NOK → 350.03m NOK. Calculated
What deteriorated
-
↓
Net result weakened
Net result +213.00m NOK → +253.0k NOK (net margin 3.3% → 0.0%). Calculated
-
↓
Cash fell
Bank deposits 546.00m NOK → 680.0k NOK (-99.9% YoY). Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (546.00m NOK → 680.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
Paid-in equity reduced
Paid-in equity fell 30.2k NOK → 350 NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
Book investments changed
Investment / intangible book value 93.0k NOK → 777 NOK. Reported fact