AKADEMIET SANDNES AS: årsregnskap 2012 vs 2011
Mixed movements in the accounts
approved 2013-06-28; registry 2013-09-04; journal 2013 744236
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AKADEMIET SANDNES AS. Revenue 29.43m NOK → 28.45m NOK (-3.3%). Equity 269.3k NOK → 241.5k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AKADEMIET SANDNES AS.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 12.81m NOK → 12.77m NOK (44% → 45% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 29.43m NOK to 28.45m NOK (-3.3% YoY). Calculated
-
↓
Equity eroded
Book equity 269.3k NOK → 241.5k NOK (equity ratio 5.7% → 4.6%). Calculated
-
↓
Cash fell
Bank deposits 2.04m NOK → 1.64m NOK (-20.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 4.93m NOK → 2.99m NOK (-39.3% YoY). Calculated