AKADEMIET TOPPIDRETTSGYMNAS ÅLESUND AS: årsregnskap 2018 vs 2017
Grew 43% on revenue
approved 2019-05-27; registry 2019-06-17; journal 2019 457015
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AKADEMIET TOPPIDRETTSGYMNAS ÅLESUND AS. Revenue 4.58m NOK → 6.54m NOK (+42.8%). Net result +325.2k NOK → +325.2k NOK. Equity 11.45m NOK → 10 NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for AKADEMIET TOPPIDRETTSGYMNAS ÅLESUND AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.58m NOK to 6.54m NOK (+42.8% YoY). Calculated
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↑
Cash rose
Bank deposits 3.10m NOK → 3.93m NOK (+27.0% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 11.45m NOK → 10 NOK (equity ratio 343.6% → 0.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 420.0k NOK → 241.9k NOK (-42.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 4.66m NOK → 6.03m NOK. Reported fact