Org.nr 987 619 295 2016 → 2017 Year-over-year analysis

AKADEMIET OSLO AS: årsregnskap 2017 vs 2016

Shrank 84% on revenue

approved 2018-05-07; registry 2018-06-04; journal 2018 394259

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for AKADEMIET OSLO AS. Revenue 52.25m NOK → 8.21m NOK (-84.3%). Equity 12.30m NOK → 11.30m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKADEMIET OSLO AS.

Scorecard

Revenue
52.25m NOK 8.21m NOK
-84.3%
Operating result
+148.2k NOK +46.1k NOK
-68.9%
Net result
n/m 0 NOK
—
Equity
12.30m NOK 11.30m NOK
-8.1%
Cash
5.39m NOK 10.17m NOK
+88.6%
Total assets
14.04m NOK 18.40m NOK
+31.0%

What improved

  • ↑

    Cash rose

    Bank deposits 5.39m NOK → 10.17m NOK (+88.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 52.25m NOK to 8.21m NOK (-84.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +148.2k NOK → +46.1k NOK (op. margin 0.3% → 0.6%). Calculated

  • ↓

    Equity eroded

    Book equity 12.30m NOK → 11.30m NOK (equity ratio 87.6% → 61.4%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 276.4k NOK → 1.84m NOK (+565.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 863.7k NOK → 964.7k NOK. Reported fact