AKADEMIET KRISTIANSAND AS: årsregnskap 2000 vs 1999
Shrank 100% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2000 with 1999 for AKADEMIET KRISTIANSAND AS. Revenue 711.2k NOK → 3 500 NOK (-99.5%). Net result +5 274 NOK → +18.7k NOK. Equity 55.3k NOK → 36.6k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKADEMIET KRISTIANSAND AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +7 108 NOK → +18.7k NOK (op. margin 1.0% → 535.4%). Calculated
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Net result improved
Net result +5 274 NOK → +18.7k NOK (net margin 0.7% → 534.2%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 711.2k NOK to 3 500 NOK (-99.5% YoY). Calculated
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↓
Equity eroded
Book equity 55.3k NOK → 36.6k NOK (equity ratio 79.6% → 66.1%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.37× → 0.28× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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COGS fell
COGS / varekostnad 597.9k NOK → 8 143 NOK (-98.6% YoY). Calculated