Org.nr 985 475 296 2013 → 2014 Year-over-year analysis

AKADEMIET DRAMMEN AS: årsregnskap 2014 vs 2013

Mixed movements in the accounts

approved 2015-05-29; registry 2015-06-20; journal 2015 493548

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for AKADEMIET DRAMMEN AS. Revenue 34.76m NOK → 34.49m NOK (-0.8%). Equity 623.1k NOK → 603.3k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

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

At a glance

Revenue

34.76m NOK 34.49m NOK

-0.8%

Operating result

n/m +2 014 NOK

—

Equity

623.1k NOK 603.3k NOK

-3.2%

Cash

4.24m NOK 2.46m NOK

-42.0%

Total assets

8.09m NOK 9.54m NOK

+18.0%

↓
Revenue fell

Operating income / revenue moved from 34.76m NOK to 34.49m NOK (-0.8% YoY). Calculated
↓
Equity eroded

Book equity 623.1k NOK → 603.3k NOK (equity ratio 7.7% → 6.3%). Calculated
↓
Cash fell

Bank deposits 4.24m NOK → 2.46m NOK (-42.0% YoY). Calculated
↓
COGS moved

COGS / varekostnad 1.97m NOK → 2.10m NOK (+6.7% YoY). Calculated

·
Thin equity buffer

Equity ratio is 6.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Book investments changed

Investment / intangible book value 34.59m NOK → 34.49m NOK. Reported fact