Org.nr 887 504 822 2009 → 2010 Year-over-year analysis

AKADEMIET SANDNES AS: årsregnskap 2010 vs 2009

Grew 16% on revenue

approved 2011-05-26; registry 2011-08-16; journal 2011 588452

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for AKADEMIET SANDNES AS. Revenue 26.45m NOK → 30.59m NOK (+15.6%). Equity 312.8k NOK → 306.2k NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded.

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

At a glance

Revenue

26.45m NOK 30.59m NOK

+15.6%

Net result

+12.8k NOK n/m

—

Equity

312.8k NOK 306.2k NOK

-2.1%

Total assets

6.43m NOK 7.48m NOK

+16.3%

↑
Revenue rose

Operating income / revenue moved from 26.45m NOK to 30.59m NOK (+15.6% YoY). Calculated
↑
Payroll decreased

Salary cost 13.72m NOK → 13.66m NOK (52% → 45% of revenue). Calculated

↓
Equity eroded

Book equity 312.8k NOK → 306.2k NOK (equity ratio 4.9% → 4.1%). Calculated

·
Thin equity buffer

Equity ratio is 4.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 910.7k NOK → 794.1k NOK (-12.8% YoY). Calculated