FirmaIQ
Org.nr 887 504 822 2007 → 2008 Year-over-year analysis

AKADEMIET SANDNES AS: årsregnskap 2008 vs 2007

Grew 62% on revenue, stronger earnings

approved 2009-05-30; registry 2009-08-25

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for AKADEMIET SANDNES AS. Revenue 13.87m NOK → 22.41m NOK (+61.5%). Net result +14.9k NOK → +134.3k NOK. Equity 165.7k NOK → 300 NOK.

On the constructive side: revenue rose; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AKADEMIET SANDNES AS.

At a glance

Scorecard

Revenue
13.87m NOK 22.41m NOK
+61.5%
Net result
+14.9k NOK +134.3k NOK
+800.6%
Equity
165.7k NOK 300 NOK
-99.8%
Total assets
4.21m NOK 7.10m NOK
+68.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 13.87m NOK to 22.41m NOK (+61.5% YoY). Calculated

  • ↑

    Net result improved

    Net result +14.9k NOK → +134.3k NOK (net margin 0.1% → 0.6%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 165.7k NOK → 300 NOK (equity ratio 3.9% → 0.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 6.52m NOK → 11.25m NOK (47% → 50% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 854.8k NOK → 901.9k NOK (+5.5% YoY). Calculated