Org.nr 988 467 944 2016 → 2017 Year-over-year analysis

AKADEMIET FREDRIKSTAD AS: årsregnskap 2017 vs 2016

Shrank 8% on revenue, weaker earnings

approved 2018-05-28; registry 2018-06-09; journal 2018 442182

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for AKADEMIET FREDRIKSTAD AS. Revenue 11.23m NOK → 10.37m NOK (-7.7%). Net result +345.8k NOK → 0 NOK. Equity -271.4k NOK → -271.4k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

Scorecard

Revenue
11.23m NOK 10.37m NOK
-7.7%
Operating result
+325.1k NOK +7 451 NOK
-97.7%
Net result
+345.8k NOK 0 NOK
-100.0%
Equity
-271.4k NOK -271.4k NOK
0.0%
Cash
464.5k NOK 289.2k NOK
-37.8%
Total assets
1.37m NOK 2.02m NOK
+47.3%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 11.23m NOK to 10.37m NOK (-7.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +325.1k NOK → +7 451 NOK (op. margin 2.9% → 0.1%). Calculated

  • ↓

    Net result weakened

    Net result +345.8k NOK → 0 NOK (net margin 3.1% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 464.5k NOK → 289.2k NOK (-37.8% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 12.8k NOK → 12.40m NOK (+96950.1% YoY). Calculated