FirmaIQ
Org.nr 987 619 295 2010 → 2011 Year-over-year analysis

AKADEMIET OSLO AS: årsregnskap 2011 vs 2010

Grew 8% on revenue, weaker earnings

approved 2012-05-29; registry 2012-08-18; journal 2012 614891

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for AKADEMIET OSLO AS. Revenue 52.57m NOK → 56.82m NOK (+8.1%). Net result -59.4k NOK → -114.9k NOK. Equity 404.1k NOK → 289.2k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AKADEMIET OSLO AS.

At a glance

Scorecard

Revenue
52.57m NOK 56.82m NOK
+8.1%
Operating result
+19.6k NOK +1 832 NOK
-90.6%
Net result
-59.4k NOK -114.9k NOK
-93.4%
Equity
404.1k NOK 289.2k NOK
-28.4%
Cash
n/m 3.59m NOK
—
Total assets
12.31m NOK 11.97m NOK
-2.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 52.57m NOK to 56.82m NOK (+8.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +19.6k NOK → +1 832 NOK (op. margin 0.0% → 0.0%). Calculated

  • ↓

    Net result weakened

    Net result -59.4k NOK → -114.9k NOK (net margin -0.1% → -0.2%). Calculated

  • ↓

    Equity eroded

    Book equity 404.1k NOK → 289.2k NOK (equity ratio 3.3% → 2.4%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 26.19m NOK → 28.77m NOK (50% → 51% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 1.24m NOK → 4.17m NOK (+236.5% YoY). Calculated