Org.nr 985 475 296 2009 → 2010 Year-over-year analysis

AKADEMIET DRAMMEN AS: årsregnskap 2010 vs 2009

Grew 13% on revenue

approved 2011-05-30; registry 2011-06-15; journal 2011 406972

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for AKADEMIET DRAMMEN AS. Revenue 24.38m NOK → 27.51m NOK (+12.8%). Equity 510.7k NOK → 534.1k NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AKADEMIET DRAMMEN AS.

At a glance

Revenue

24.38m NOK 27.51m NOK

+12.8%

Operating result

n/m +148.9k NOK

—

Net result

n/m +23.4k NOK

—

Equity

510.7k NOK 534.1k NOK

+4.6%

Cash

3.95m NOK 3.83m NOK

-3.0%

Total assets

6.76m NOK 7.58m NOK

+12.1%

↑
Revenue rose

Operating income / revenue moved from 24.38m NOK to 27.51m NOK (+12.8% YoY). Calculated
↑
Equity strengthened

Book equity 510.7k NOK → 534.1k NOK (equity ratio 7.6% → 7.0%). Calculated

↓
Cash fell

Bank deposits 3.95m NOK → 3.83m NOK (-3.0% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.08× → 0.77× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Thin equity buffer

Equity ratio is 7.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 132.0k NOK → 107.4k NOK (-18.6% YoY). Calculated