AKADEMIET OSLO AS: årsregnskap 2018 vs 2017
Stronger earnings
approved 2019-04-03; registry 2019-05-04; journal 2019 298363
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AKADEMIET OSLO AS. Net result 0 NOK → +9.46m NOK. Equity 11.30m NOK → 11 NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs fell; book investments changed. 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 +46.1k NOK → +9.45m NOK. Calculated
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↑
Net result improved
Net result 0 NOK → +9.46m NOK. Calculated
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↑
Cash rose
Bank deposits 10.17m NOK → 17.14m NOK (+68.4% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.78× → 2.45×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 11.30m NOK → 11 NOK (equity ratio 61.4% → 0.0%). 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
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·
COGS fell
COGS / varekostnad 1.84m NOK → 1.10m NOK (-40.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 964.7k NOK → 57.31m NOK. Reported fact