Org.nr 887 504 822 2012 → 2013 Year-over-year analysis

AKADEMIET SANDNES AS: årsregnskap 2013 vs 2012

Mixed movements in the accounts

approved 2014-06-23; registry 2014-09-06; journal 2014 776725

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for AKADEMIET SANDNES AS. Revenue 28.45m NOK → 28.26m NOK (-0.7%). Equity 241.5k NOK → 241.5k NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; cogs moved.

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

At a glance

Revenue

28.45m NOK 28.26m NOK

-0.7%

Operating result

n/m +25.9k NOK

—

Equity

241.5k NOK 241.5k NOK

0.0%

Cash

1.64m NOK 2.81m NOK

+72.0%

Total assets

5.21m NOK 7.37m NOK

+41.3%

↑
Cash rose

Bank deposits 1.64m NOK → 2.81m NOK (+72.0% YoY). Calculated
↑
Payroll decreased

Salary cost 12.77m NOK → 12.48m NOK (45% → 44% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 28.45m NOK to 28.26m NOK (-0.7% YoY). Calculated
↓
COGS moved

COGS / varekostnad 2.99m NOK → 3.45m NOK (+15.4% YoY). Calculated

·
Thin equity buffer

Equity ratio is 3.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation