Org.nr 911 746 298 2015 → 2016 Year-over-year analysis

AKADEMIET REALFAGSSKOLE DRAMMEN AS: årsregnskap 2016 vs 2015

Returned to profit

approved 2017-05-31; registry 2017-07-06; journal 2017 607383

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for AKADEMIET REALFAGSSKOLE DRAMMEN AS. Revenue 0 NOK → 1.24m NOK. Net result -7 757 NOK → +613.0k NOK. Equity -46.0k NOK → -585.3k NOK.

On the constructive side: revenue rose; turned profitable; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AKADEMIET REALFAGSSKOLE DRAMMEN AS.

Scorecard

Revenue
0 NOK 1.24m NOK
—
Operating result
-7 775 NOK n/m
—
Net result
-7 757 NOK +613.0k NOK
+8002.2%
Equity
-46.0k NOK -585.3k NOK
-1172.8%
Cash
14.8k NOK 382.8k NOK
+2495.6%
Total assets
14.8k NOK 127.6k NOK
+765.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 1.24m NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 7 757 NOK to a profit of 613.0k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 14.8k NOK → 382.8k NOK (+2495.6% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -46.0k NOK → -585.3k NOK (equity ratio -311.8% → -458.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -458.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 172 NOK → 1 243 NOK. Reported fact