Org.nr 998 522 390 2016 → 2017 Year-over-year analysis

AKADEMIET UTVEKSLING AS: årsregnskap 2017 vs 2016

Grew 133% on revenue

approved 2018-06-21; registry 2018-06-26; journal 2018 560170

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for AKADEMIET UTVEKSLING AS. Revenue 2.25m NOK → 5.23m NOK (+132.5%). Net result +404.7k NOK → +382.8k NOK. Equity -919.4k NOK → -536.6k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened.

Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for AKADEMIET UTVEKSLING AS.

Scorecard

Revenue
2.25m NOK 5.23m NOK
+132.5%
Operating result
n/m +387.5k NOK
—
Net result
+404.7k NOK +382.8k NOK
-5.4%
Equity
-919.4k NOK -536.6k NOK
+41.6%
Cash
96.5k NOK 973.2k NOK
+908.1%
Total assets
955.3k NOK 324.3k NOK
-66.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.25m NOK to 5.23m NOK (+132.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity -919.4k NOK → -536.6k NOK (equity ratio -96.2% → -165.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 96.5k NOK → 973.2k NOK (+908.1% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +404.7k NOK → +382.8k NOK (net margin 18.0% → 7.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -165.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 268.4k NOK → 7.31m NOK (12% → 140% of revenue). Calculated