Org.nr 914 333 164 2016 → 2017 Year-over-year analysis

ACADEMIA SPORTS AS: årsregnskap 2017 vs 2016

Grew 176% on revenue

approved 2018-06-21; registry 2018-06-25; journal 2018 543001

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for ACADEMIA SPORTS AS. Revenue 134.0k NOK → 369.2k NOK (+175.6%). Equity 21.8k NOK → 13.4k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACADEMIA SPORTS AS.

At a glance

Revenue

134.0k NOK 369.2k NOK

+175.6%

Net result

n/m -8 361 NOK

—

Equity

21.8k NOK 13.4k NOK

-38.3%

Cash

1 528 NOK 9 019 NOK

+490.2%

Total assets

5.00m NOK 5.59m NOK

+11.8%

↑
Revenue rose

Operating income / revenue moved from 134.0k NOK to 369.2k NOK (+175.6% YoY). Calculated
↑
Cash rose

Bank deposits 1 528 NOK → 9 019 NOK (+490.2% YoY). Calculated

↓
Equity eroded

Book equity 21.8k NOK → 13.4k NOK (equity ratio 0.4% → 0.2%). Calculated

·
Thin equity buffer

Equity ratio is 0.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation