ACADEMY OF INSPIRATION AS: årsregnskap 2016 vs 2015
Grew 205% on revenue, slipped into loss
approved 2017-04-25; registry 2017-07-11; journal 2017 679541
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ACADEMY OF INSPIRATION AS. Revenue 26.8k NOK → 81.9k NOK (+205.1%). Net result +47.1k NOK → -71.5k NOK. Equity 47.1k NOK → -24.4k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACADEMY OF INSPIRATION AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 26.8k NOK to 81.9k NOK (+205.1% YoY). Calculated
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↑
Cash rose
Bank deposits 3 418 NOK → 8 601 NOK (+151.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +23.8k NOK → -71.5k NOK (op. margin 88.7% → -87.3%). Calculated
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↓
Fell into a net loss
Net result flipped from 47.1k NOK profit to a loss of 71.5k NOK. Calculated
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↓
Equity eroded
Book equity 47.1k NOK → -24.4k NOK (equity ratio 41.8% → -20.7%). Calculated
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Current ratio dropped below 1×
Current ratio 1.72× → 0.83× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -20.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation