AKADEMIET INTERNATIONAL SCHOOL DRAMMEN AS: årsregnskap 2011 vs 2010
Grew 22% on revenue
approved 2012-06-15; registry 2012-08-23; journal 2012 639198
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for AKADEMIET INTERNATIONAL SCHOOL DRAMMEN AS. Revenue 1.06m NOK → 1.28m NOK (+21.6%). Equity 114.4k NOK → -65.7k NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AKADEMIET INTERNATIONAL SCHOOL DRAMMEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.06m NOK to 1.28m NOK (+21.6% YoY). Calculated
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↑
Cash rose
Bank deposits 43.2k NOK → 699.4k NOK (+1519.5% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.00× → 8.38×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -32.6k NOK → -1.06m NOK (op. margin -3.1% → -82.3%). Calculated
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↓
Equity eroded
Book equity 114.4k NOK → -65.7k NOK (equity ratio 10.5% → -3.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -3.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 140.6k NOK → 840.1k NOK (+497.6% YoY). Calculated