Org.nr 996 761 592 2011 → 2012 Year-over-year analysis

AKADEMIET PRIVATIST OG NETTSTUDIER AS: årsregnskap 2012 vs 2011

Grew 371% on revenue, weaker earnings

approved 2013-06-20; registry 2013-08-29; journal 2013 699207

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2012 with 2011 for AKADEMIET PRIVATIST OG NETTSTUDIER AS. Revenue 323 NOK → 1 520 NOK (+370.6%). Net result -2 073 NOK → -836.2k NOK. Equity 97.9k NOK → -738.3k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: net result weakened; equity eroded; current ratio dropped below 1×.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AKADEMIET PRIVATIST OG NETTSTUDIER AS.

Scorecard

Revenue
323 NOK 1 520 NOK
+370.6%
Net result
-2 073 NOK -836.2k NOK
-40237.5%
Equity
97.9k NOK -738.3k NOK
-853.9%
Cash
103.2k NOK 914.6k NOK
+785.8%
Total assets
103.2k NOK 74.1k NOK
-28.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 323 NOK to 1 520 NOK (+370.6% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 103.2k NOK → 914.6k NOK (+785.8% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -2 073 NOK → -836.2k NOK (net margin -641.8% → -55013.0%). Calculated

  • ↓

    Equity eroded

    Book equity 97.9k NOK → -738.3k NOK (equity ratio 94.8% → -996.8%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 19.41× → 0.04× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -996.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation