Org.nr 987 619 295 2012 → 2013 Year-over-year analysis

AKADEMIET OSLO AS: årsregnskap 2013 vs 2012

Mixed movements in the accounts

approved 2014-06-23; registry 2014-09-03; journal 2014 761865

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for AKADEMIET OSLO AS. Revenue 54.61m NOK → 53.25m NOK (-2.5%). Equity 210.4k NOK → 207.8k NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

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

At a glance

Revenue

54.61m NOK 53.25m NOK

-2.5%

Operating result

-36.8k NOK -42.5k NOK

-15.5%

Equity

210.4k NOK 207.8k NOK

-1.2%

Cash

5.62m NOK 7.20m NOK

+28.3%

Total assets

11.73m NOK 11.66m NOK

-0.7%

↑
Cash rose

Bank deposits 5.62m NOK → 7.20m NOK (+28.3% YoY). Calculated
↑
Payroll decreased

Salary cost 26.42m NOK → 26.31m NOK (48% → 49% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 54.61m NOK to 53.25m NOK (-2.5% YoY). Calculated
↓
Operating result weakened

Operating result -36.8k NOK → -42.5k NOK (op. margin -0.1% → -0.1%). Calculated
↓
Equity eroded

Book equity 210.4k NOK → 207.8k NOK (equity ratio 1.8% → 1.8%). Calculated

·
Thin equity buffer

Equity ratio is 1.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 5.77m NOK → 5.08m NOK (-11.9% YoY). Calculated