AKADEMIET UTVEKSLING AS: årsregnskap 2018 vs 2017
Grew 109% on revenue, stronger earnings
approved 2019-05-03; registry 2019-05-25; journal 2019 352544
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AKADEMIET UTVEKSLING AS. Revenue 5.23m NOK → 10.94m NOK (+109.3%). Net result +382.8k NOK → +990.2k NOK. Equity -536.6k NOK → 453.6k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased. 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 5.23m NOK to 10.94m NOK (+109.3% YoY). Calculated
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Operating result improved
Operating result +387.5k NOK → +1.23m NOK (op. margin 7.4% → 11.2%). Calculated
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Net result improved
Net result +382.8k NOK → +990.2k NOK (net margin 7.3% → 9.1%). Calculated
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Equity strengthened
Book equity -536.6k NOK → 453.6k NOK (equity ratio -165.5% → 11.3%). Calculated
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Current ratio back above 1×
Current ratio 0.07× → 1.14×. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 973.2k NOK → 968.4k NOK (-0.5% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 7.31m NOK → 7.64m NOK (140% → 70% of revenue). Calculated