ACADEMEDIA NORGE AS: årsregnskap 2019 vs 2018
Cash halved-plus
approved 2019-12-20; registry 2020-02-12; journal 2020 208648
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ACADEMEDIA NORGE AS. Equity 2.46m NOK → 2.49bn NOK.
On the constructive side: equity strengthened. Pressures included: cash fell.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ACADEMEDIA NORGE AS.
At a glance
Scorecard
Equity
2.46m NOK
2.49bn NOK
+101105.4%
Cash
6.46m NOK
1.84m NOK
-71.5%
Total assets
965.90m NOK
997.93m NOK
+3.3%
What improved
-
↑
Equity strengthened
Book equity 2.46m NOK → 2.49bn NOK (equity ratio 0.3% → 249.2%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 6.46m NOK → 1.84m NOK (-71.5% YoY). Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (6.46m NOK → 1.84m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation