AKADEMIET PRIVATIST OG NETTSTUDIER AS: årsregnskap 2017 vs 2016
Stronger earnings
approved 2018-06-11; registry 2018-07-03; journal 2018 606116
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AKADEMIET PRIVATIST OG NETTSTUDIER AS. Revenue 42.60m NOK → 42.34m NOK (-0.6%). Net result +4.93m NOK → +8.29m NOK. Equity 1.58m NOK → 7.14m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AKADEMIET PRIVATIST OG NETTSTUDIER AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +6.52m NOK → +10.83m NOK (op. margin 15.3% → 25.6%). Calculated
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↑
Net result improved
Net result +4.93m NOK → +8.29m NOK (net margin 11.6% → 19.6%). Calculated
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↑
Equity strengthened
Book equity 1.58m NOK → 7.14m NOK (equity ratio 8.0% → 31.2%). Calculated
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↑
Cash rose
Bank deposits 8.27m NOK → 12.45m NOK (+50.5% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.82× → 1.30×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 42.60m NOK to 42.34m NOK (-0.6% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 2.97m NOK → 334.0k NOK (-88.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 5.22m NOK → 2.39m NOK. Reported fact