FirmaIQ
Org.nr 988 467 944 2017 → 2018 Year-over-year analysis

AKADEMIET FREDRIKSTAD AS: årsregnskap 2018 vs 2017

Grew 18% on revenue, stronger earnings

approved 2019-05-08; registry 2019-06-03; journal 2019 369681

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AKADEMIET FREDRIKSTAD AS. Revenue 10.37m NOK → 12.26m NOK (+18.2%). Net result 0 NOK → +8.76m NOK. Equity -271.4k NOK → 488.6k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKADEMIET FREDRIKSTAD AS.

At a glance

Scorecard

Revenue
10.37m NOK 12.26m NOK
+18.2%
Operating result
+7 451 NOK +769.0k NOK
+10220.7%
Net result
0 NOK +8.76m NOK
—
Equity
-271.4k NOK 488.6k NOK
+280.0%
Cash
289.2k NOK 1.60m NOK
+451.9%
Total assets
2.02m NOK 2.21m NOK
+9.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.37m NOK to 12.26m NOK (+18.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +7 451 NOK → +769.0k NOK (op. margin 0.1% → 6.3%). Calculated

  • ↑

    Net result improved

    Net result 0 NOK → +8.76m NOK (net margin 0.0% → 71.5%). Calculated

  • ↑

    Equity strengthened

    Book equity -271.4k NOK → 488.6k NOK (equity ratio -13.4% → 22.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 289.2k NOK → 1.60m NOK (+451.9% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 12.40m NOK → 12.27m NOK (-1.0% YoY). Calculated