Org.nr 980 850 897 2017 → 2018 Year-over-year analysis

AKADEMIET UTDANNING NORGE AS: årsregnskap 2018 vs 2017

Shrank 94% on revenue, cash halved-plus

approved 2019-06-27; registry 2019-07-11; journal 2019 678945

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for AKADEMIET UTDANNING NORGE AS. Revenue 126.5k NOK → 7 482 NOK (-94.1%). Equity 777.5k NOK → 11.45m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell.

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

Scorecard

Revenue
126.5k NOK 7 482 NOK
-94.1%
Equity
777.5k NOK 11.45m NOK
+1372.1%
Cash
733.3k NOK 310.0k NOK
-57.7%
Total assets
22.84m NOK 27.29m NOK
+19.5%

What improved

  • ↑

    Equity strengthened

    Book equity 777.5k NOK → 11.45m NOK (equity ratio 3.4% → 41.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 126.5k NOK to 7 482 NOK (-94.1% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 733.3k NOK → 310.0k NOK (-57.7% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 186.0k NOK → 2 438 NOK (-98.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 18.18m NOK → 20.80m NOK. Reported fact