FirmaIQ
Org.nr 980 412 024 2016 → 2017 Year-over-year analysis

AKADEMIET KRISTIANSAND AS: årsregnskap 2017 vs 2016

Shrank 18% on revenue

approved 2018-05-30; registry 2018-06-23; journal 2018 531244

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AKADEMIET KRISTIANSAND AS. Revenue 15.29m NOK → 12.60m NOK (-17.6%). Net result +362 NOK → +10 NOK. Equity 10.42m NOK → 13 NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AKADEMIET KRISTIANSAND AS.

At a glance

Scorecard

Revenue
15.29m NOK 12.60m NOK
-17.6%
Net result
+362 NOK +10 NOK
-97.2%
Equity
10.42m NOK 13 NOK
-100.0%
Cash
779.1k NOK 550.0k NOK
-29.4%
Total assets
2.94m NOK 1.75m NOK
-40.3%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 15.29m NOK to 12.60m NOK (-17.6% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 10.42m NOK → 13 NOK (equity ratio 354.7% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 779.1k NOK → 550.0k NOK (-29.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 978.2k NOK → 532.3k NOK (-45.6% YoY). Calculated