FirmaIQ
Org.nr 887 504 822 2017 → 2018 Year-over-year analysis

AKADEMIET SANDNES AS: årsregnskap 2018 vs 2017

Grew 9% on revenue, stronger earnings

approved 2019-05-09; registry 2019-06-18; journal 2019 465713

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for AKADEMIET SANDNES AS. Revenue 30.95m NOK → 33.73m NOK (+9.0%). Net result +3 089 NOK → +5.41m NOK. Equity 11 NOK → 10 NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

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

Revenue
30.95m NOK 33.73m NOK
+9.0%
Operating result
+160.1k NOK +522.9k NOK
+226.6%
Net result
+3 089 NOK +5.41m NOK
+175123.2%
Equity
11 NOK 10 NOK
-9.1%
Cash
2.55m NOK 5.00m NOK
+95.7%
Total assets
11.94m NOK 12.17m NOK
+1.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 30.95m NOK to 33.73m NOK (+9.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +160.1k NOK → +522.9k NOK (op. margin 0.5% → 1.6%). Calculated

  • ↑

    Net result improved

    Net result +3 089 NOK → +5.41m NOK (net margin 0.0% → 16.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.55m NOK → 5.00m NOK (+95.7% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.41× → 1.27×. Calculated

Things to notice

  • ·

    Thin equity buffer

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

  • ·

    COGS fell

    COGS / varekostnad 1.08m NOK → 375.3k NOK (-65.2% YoY). Calculated