Org.nr 989 500 422 2017 → 2018 Year-over-year analysis

ACADEMICA MALERENTREPRENØREN AS: årsregnskap 2018 vs 2017

Shrank 11% on revenue

approved 2019-04-26; registry 2019-05-20; journal 2019 342449

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for ACADEMICA MALERENTREPRENØREN AS. Revenue 30.05m NOK → 26.83m NOK (-10.7%). Equity 2.37m NOK → 2.80m NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACADEMICA MALERENTREPRENØREN AS.

At a glance

Revenue

30.05m NOK 26.83m NOK

-10.7%

Equity

2.37m NOK 2.80m NOK

+17.8%

Cash

4.29m NOK 6.01m NOK

+40.1%

Total assets

11.84m NOK 9.69m NOK

-18.2%

↑
Equity strengthened

Book equity 2.37m NOK → 2.80m NOK (equity ratio 20.0% → 28.8%). Calculated
↑
Cash rose

Bank deposits 4.29m NOK → 6.01m NOK (+40.1% YoY). Calculated
↑
Payroll decreased

Salary cost 8.08m NOK → 7.92m NOK (27% → 30% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 30.05m NOK to 26.83m NOK (-10.7% YoY). Calculated

·
COGS fell

COGS / varekostnad 15.67m NOK → 12.06m NOK (-23.0% YoY). Calculated