FirmaIQ
Org.nr 993 144 657 2016 → 2017 Year-over-year analysis

AKADEMIET PRIVATISTSKOLE DRAMMEN AS: årsregnskap 2017 vs 2016

Weaker earnings

approved 2018-06-19; registry 2018-07-02; journal 2018 595080

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AKADEMIET PRIVATISTSKOLE DRAMMEN AS. Revenue 9.14m NOK → 8.70m NOK (-4.8%). Net result +1.74m NOK → +912.0k NOK. Equity 2.15m NOK → 1.56m NOK.

Pressures included: revenue fell; net result weakened; equity eroded.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AKADEMIET PRIVATISTSKOLE DRAMMEN AS.

At a glance

Scorecard

Revenue
9.14m NOK 8.70m NOK
-4.8%
Net result
+1.74m NOK +912.0k NOK
-47.5%
Equity
2.15m NOK 1.56m NOK
-27.3%
Cash
5.72m NOK 3.90m NOK
-31.8%
Total assets
9.49m NOK 6.99m NOK
-26.3%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9.14m NOK to 8.70m NOK (-4.8% YoY). Calculated

  • ↓

    Net result weakened

    Net result +1.74m NOK → +912.0k NOK (net margin 19.0% → 10.5%). Calculated

  • ↓

    Equity eroded

    Book equity 2.15m NOK → 1.56m NOK (equity ratio 22.7% → 22.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 5.72m NOK → 3.90m NOK (-31.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 315.6k NOK → 165.4k NOK (-47.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1.04m NOK → 547.8k NOK. Reported fact