AKADEMIET OSLO AS: årsregnskap 2008 vs 2007
Grew 70% on revenue, returned to profit, fresh owner capital
approved 2009-05-29; registry 2009-08-25
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for AKADEMIET OSLO AS. Revenue 17.07m NOK → 29.06m NOK (+70.3%). Net result -15.6k NOK → +35.0k NOK. Equity 428.7k NOK → 463.8k NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for AKADEMIET OSLO AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 17.07m NOK to 29.06m NOK (+70.3% YoY). Calculated
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Turned profitable
Net result flipped from a loss of 15.6k NOK to a profit of 35.0k NOK. Calculated
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↑
Equity strengthened
Book equity 428.7k NOK → 463.8k NOK (equity ratio 7.6% → 5.8%). Calculated
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Owners injected capital
Paid-in equity rose 300 NOK → 300.0k NOK (+299.7k NOK). Reported fact
Things to notice
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Thin equity buffer
Equity ratio is 5.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 6.95m NOK → 14.57m NOK (41% → 50% of revenue). Calculated
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COGS fell
COGS / varekostnad 2.05m NOK → 1.69m NOK (-17.7% YoY). Calculated