AKADEMIET UTVEKSLING AS: årsregnskap 2015 vs 2014
Grew 73% on revenue, returned to profit, cash halved-plus
approved 2017-02-17; registry 2017-02-20; journal 2017 210064
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AKADEMIET UTVEKSLING AS. Revenue 3.08m NOK → 5.31m NOK (+72.7%). Net result -1.68m NOK → +2 015 NOK. Equity -1.19m NOK → -773.6k NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: cash fell.
Also worth watching: thin equity buffer; payroll increased; cogs moved. 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 3.08m NOK to 5.31m NOK (+72.7% YoY). Calculated
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↑
Turned profitable
Net result flipped from a loss of 1.68m NOK to a profit of 2 015 NOK. Calculated
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↑
Equity strengthened
Book equity -1.19m NOK → -773.6k NOK (equity ratio -45.5% → -87.0%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 149.4k NOK → 53.0k NOK (-64.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -87.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 1.79m NOK → 8.50m NOK (58% → 160% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2.52m NOK → 3.56m NOK (+41.1% YoY). Calculated