Org.nr 884 744 342 2007 → 2008 Year-over-year analysis

AKADEMIET VGS ÅLESUND AS: årsregnskap 2008 vs 2007

Grew 44% on revenue

approved 2009-06-30; registry 2009-07-20

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for AKADEMIET VGS ÅLESUND AS. Revenue 16.3k NOK → 23.4k NOK (+43.7%). Equity 434.0k NOK → 486.0k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

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

Scorecard

Revenue
16.3k NOK 23.4k NOK
+43.7%
Equity
434.0k NOK 486.0k NOK
+12.0%
Cash
461.8k NOK 5.52m NOK
+1095.3%
Total assets
4.99m NOK 8.79m NOK
+75.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 16.3k NOK to 23.4k NOK (+43.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 434.0k NOK → 486.0k NOK (equity ratio 8.7% → 5.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 461.8k NOK → 5.52m NOK (+1095.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 5.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 3 NOK → 11.78m NOK (0% → 50371% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 1.55m NOK → 1.87m NOK (+20.6% YoY). Calculated