AKADEMIET UTVEKSLING AS: årsregnskap 2014 vs 2013
Grew 3926% on revenue, weaker earnings
approved 2015-09-04; registry 2015-10-07; journal 2015 921360
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AKADEMIET UTVEKSLING AS. Revenue 76.4k NOK → 3.08m NOK (+3926.3%). Net result -268.2k NOK → -1.68m NOK. Equity -217.8k NOK → -1.19m NOK.
On the constructive side: revenue rose. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for AKADEMIET UTVEKSLING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 76.4k NOK to 3.08m NOK (+3926.3% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result -268.2k NOK → -1.68m NOK (net margin -351.0% → -54.6%). Calculated
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↓
Equity eroded
Book equity -217.8k NOK → -1.19m NOK (equity ratio -20.0% → -45.5%). Calculated
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↓
Cash fell
Bank deposits 250.4k NOK → 149.4k NOK (-40.3% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -45.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1.48m NOK → 1.79m NOK (1933% → 58% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 6.57m NOK → 2.52m NOK (-61.6% YoY). Calculated