AKADEMIET NORGE AS: årsregnskap 2015 vs 2014
Grew 22% on revenue, fresh owner capital
approved 2016-06-30; registry 2016-09-27; journal 2016 954219
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AKADEMIET NORGE AS. Revenue 13.58m NOK → 16.50m NOK (+21.5%). Equity -687.5k NOK → -1.59m NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AKADEMIET NORGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 13.58m NOK to 16.50m NOK (+21.5% YoY). Calculated
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↑
Operating result improved
Operating result +852.7k NOK → +1.41bn NOK (op. margin 6.3% → 8570.7%). Calculated
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↑
Cash rose
Bank deposits 504.6k NOK → 692.9k NOK (+37.3% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 100.0k NOK → 301.5k NOK (+201.5k NOK). Reported fact
What deteriorated
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↓
Equity eroded
Book equity -687.5k NOK → -1.59m NOK (equity ratio -10.9% → -17.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -17.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 13.04m NOK → 14.02m NOK (+7.5% YoY). Calculated