AKADEMIET DRAMMEN AS: årsregnskap 2018 vs 2017
Grew 16% on revenue
approved 2019-05-31; registry 2019-06-26; journal 2019 536696
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AKADEMIET DRAMMEN AS. Revenue 37.30m NOK → 43.29m NOK (+16.1%). Equity 879.2k NOK → 563.0k NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AKADEMIET DRAMMEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 37.30m NOK to 43.29m NOK (+16.1% YoY). Calculated
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↑
Cash rose
Bank deposits 7.06m NOK → 10.45m NOK (+48.0% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.66× → 1.09×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 879.2k NOK → 563.0k NOK (equity ratio 6.7% → 3.4%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 2.46m NOK → 2.24m NOK (-8.9% YoY). Calculated