Org.nr 980 850 897 2013 → 2014 Year-over-year analysis

AKADEMIET UTDANNING NORGE AS: årsregnskap 2014 vs 2013

Grew 230127% on revenue, stronger earnings

approved 2016-02-16; registry 2016-02-25; journal 2016 312062

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for AKADEMIET UTDANNING NORGE AS. Revenue 2 160 NOK → 4.97m NOK (+230127.4%). Net result +82.2k NOK → +557.8k NOK. Equity 27.5k NOK → -530.3k NOK.

On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for AKADEMIET UTDANNING NORGE AS.

Scorecard

Revenue
2 160 NOK 4.97m NOK
+230127.4%
Operating result
+63.2k NOK n/m
—
Net result
+82.2k NOK +557.8k NOK
+578.4%
Equity
27.5k NOK -530.3k NOK
-2027.1%
Cash
133.3k NOK 144.3k NOK
+8.3%
Total assets
156.2k NOK 21.94m NOK
+13947.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2 160 NOK to 4.97m NOK (+230127.4% YoY). Calculated

  • ↑

    Net result improved

    Net result +82.2k NOK → +557.8k NOK (net margin 3806.6% → 11.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 133.3k NOK → 144.3k NOK (+8.3% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 27.5k NOK → -530.3k NOK (equity ratio 17.6% → -2.4%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -2.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 1 617 NOK → 4.21m NOK (+260411.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 356.7k NOK → 17.70m NOK. Reported fact