AKADEMIET OSLO AS: årsregnskap 2007 vs 2006
Grew 122% on revenue, slipped into loss
approved 2008-05-30; registry 2008-08-27
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for AKADEMIET OSLO AS. Revenue 7.70m NOK → 17.07m NOK (+121.6%). Net result +51.7k NOK → -15.6k NOK. Equity 244.3k NOK → 428.7k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: fell into a net loss; current ratio dropped below 1×.
Also worth watching: thin equity buffer; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for AKADEMIET OSLO AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 7.70m NOK to 17.07m NOK (+121.6% YoY). Calculated
-
↑
Equity strengthened
Book equity 244.3k NOK → 428.7k NOK (equity ratio 66.6% → 7.6%). Calculated
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 51.7k NOK profit to a loss of 15.6k NOK. Calculated
-
↓
Current ratio dropped below 1×
Current ratio 7.11× → 0.93× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 7.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 300 NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
Payroll increased
Salary cost 2.85m NOK → 6.95m NOK (37% → 41% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 435.5k NOK → 2.05m NOK (+371.2% YoY). Calculated