Org.nr 995 413 310 2017 → 2018 Year-over-year analysis

AKADEMIET FOR PERSONLIG TRENING AS: årsregnskap 2018 vs 2017

Shrank 11% on revenue, cash halved-plus

approved 2019-04-24; registry 2019-07-15; journal 2019 706764

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AKADEMIET FOR PERSONLIG TRENING AS. Revenue 25.81m NOK → 23.01m NOK (-10.8%). Equity 1.70m NOK → 1.81m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.

Net tougher year on the published lines.

At a glance

Revenue

25.81m NOK 23.01m NOK

-10.8%

Operating result

+6.44m NOK +3.80m NOK

-41.0%

Net result

n/m +2.81m NOK

—

Equity

1.70m NOK 1.81m NOK

+6.8%

Cash

4.89m NOK 2.34m NOK

-52.1%

Total assets

19.19m NOK 17.54m NOK

-8.6%

↑
Equity strengthened

Book equity 1.70m NOK → 1.81m NOK (equity ratio 8.8% → 10.3%). Calculated

↓
Revenue fell

Operating income / revenue moved from 25.81m NOK to 23.01m NOK (-10.8% YoY). Calculated
↓
Operating result weakened

Operating result +6.44m NOK → +3.80m NOK (op. margin 24.9% → 16.5%). Calculated
↓
Cash fell

Bank deposits 4.89m NOK → 2.34m NOK (-52.1% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 4.77m NOK → 5.61m NOK (18% → 24% of revenue). Calculated