AKADEMIET UTVEKSLING AS: årsregnskap 2016 vs 2015
Shrank 58% on revenue, stronger earnings
approved 2017-06-30; registry 2017-07-13; journal 2017 675517
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AKADEMIET UTVEKSLING AS. Revenue 5.31m NOK → 2.25m NOK (-57.7%). Net result +2 015 NOK → +404.7k NOK. Equity -773.6k NOK → -919.4k NOK.
On the constructive side: net result improved; cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; 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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Net result improved
Net result +2 015 NOK → +404.7k NOK (net margin 0.0% → 18.0%). Calculated
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Cash rose
Bank deposits 53.0k NOK → 96.5k NOK (+82.0% YoY). Calculated
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Payroll decreased
Salary cost 8.50m NOK → 268.4k NOK (160% → 12% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.31m NOK to 2.25m NOK (-57.7% YoY). Calculated
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↓
Equity eroded
Book equity -773.6k NOK → -919.4k NOK (equity ratio -87.0% → -96.2%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -96.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 3.56m NOK → 1.98m NOK (-44.3% YoY). Calculated