FirmaIQ
Org.nr 913 192 281 2017 → 2018 Year-over-year analysis

ACADEMEDIA NORGE AS: årsregnskap 2018 vs 2017

Cash halved-plus

approved 2018-12-20; registry 2019-02-04; journal 2019 205264

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ACADEMEDIA NORGE AS. Equity 2.43bn NOK → 2.46m NOK.

Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer; sharp cash drawdown. All figures are taken from the published annual accounts for ACADEMEDIA NORGE AS.

At a glance

Scorecard

Equity
2.43bn NOK 2.46m NOK
-99.9%
Cash
30.47m NOK 6.46m NOK
-78.8%
Total assets
1.01bn NOK 965.90m NOK
-4.6%

What deteriorated

  • ↓

    Equity eroded

    Book equity 2.43bn NOK → 2.46m NOK (equity ratio 239.6% → 0.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 30.47m NOK → 6.46m NOK (-78.8% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (30.47m NOK → 6.46m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation