AKADEMIET OSLO AS: årsregnskap 2014 vs 2013
A steady year on the published lines
approved 2015-05-29; registry 2015-07-01; journal 2015 543821
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AKADEMIET OSLO AS. Revenue 53.25m NOK → 51.90m NOK (-2.5%). Equity 207.8k NOK → 300 NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; 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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↑
Operating result improved
Operating result -42.5k NOK → +45.5k NOK (op. margin -0.1% → 0.1%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 53.25m NOK to 51.90m NOK (-2.5% YoY). Calculated
-
↓
Equity eroded
Book equity 207.8k NOK → 300 NOK (equity ratio 1.8% → 0.0%). Calculated
-
↓
Cash fell
Bank deposits 7.20m NOK → 6.72m NOK (-6.7% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 26.31m NOK → 31.33m NOK (49% → 60% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 5.08m NOK → 1.21m NOK (-76.2% YoY). Calculated