AKADEMIET UTDANNING NORGE AS: årsregnskap 2013 vs 2012
Grew 108% on revenue, stronger earnings
approved 2014-06-30; registry 2014-08-21; journal 2014 689860
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for AKADEMIET UTDANNING NORGE AS. Revenue -28.0k NOK → 2 160 NOK (+107.7%). Net result +9 741 NOK → +82.2k NOK. Equity 109.7k NOK → 27.5k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKADEMIET UTDANNING NORGE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from -28.0k NOK to 2 160 NOK (+107.7% YoY). Calculated
-
↑
Operating result improved
Operating result +10.7k NOK → +63.2k NOK (op. margin -38.1% → 2926.2%). Calculated
-
↑
Net result improved
Net result +9 741 NOK → +82.2k NOK (net margin -34.8% → 3806.6%). Calculated
-
↑
Payroll decreased
Salary cost 8 033 NOK → 0 NOK (-29% → 0% of revenue). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 109.7k NOK → 27.5k NOK (equity ratio 16.3% → 17.6%). Calculated
-
↓
Cash fell
Bank deposits 211.1k NOK → 133.3k NOK (-36.9% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.07× → 0.13× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 351.4k NOK → 1 617 NOK (-99.5% YoY). Calculated