AKADEMIET INTERNATIONAL SCHOOL DRAMMEN AS: årsregnskap 2014 vs 2013
Shrank 100% on revenue, cash halved-plus
approved 2015-06-01; registry 2015-06-20; journal 2015 490494
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AKADEMIET INTERNATIONAL SCHOOL DRAMMEN AS. Revenue 774.3k NOK → 774 NOK (-99.9%). Equity -27.2k NOK → -22.4k NOK.
On the constructive side: operating result improved; equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.
Also worth watching: thin equity buffer. 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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↑
Operating result improved
Operating result -189.8k NOK → -131.7k NOK (op. margin -24.5% → -17011.6%). Calculated
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↑
Equity strengthened
Book equity -27.2k NOK → -22.4k NOK (equity ratio -4.2% → -8.2%). Calculated
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↑
Payroll decreased
Salary cost 2.53m NOK → 2 NOK (327% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 774.3k NOK to 774 NOK (-99.9% YoY). Calculated
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↓
Cash fell
Bank deposits 361.1k NOK → 7 898 NOK (-97.8% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -8.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation