AKADEMIET REALFAGSSKOLE OSLO AS: årsregnskap 2014 vs 2013
Shrank 100% on revenue, stronger earnings, cash halved-plus
approved 2015-05-31; registry 2015-07-11; journal 2015 587456
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AKADEMIET REALFAGSSKOLE OSLO AS. Revenue 2 NOK → 0 NOK (-100.0%). Net result +3 635 NOK → +29.6k NOK. Equity 26.4k NOK → -3 211 NOK.
On the constructive side: net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AKADEMIET REALFAGSSKOLE OSLO AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +3 635 NOK → +29.6k NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2 NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Equity eroded
Book equity 26.4k NOK → -3 211 NOK (equity ratio 100.0% → -202.5%). Calculated
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↓
Cash fell
Bank deposits 25.0k NOK → 1 586 NOK (-93.7% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 5 NOK → 28.2k NOK. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -202.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation