Org.nr 884 744 342 2015 → 2016 Year-over-year analysis

AKADEMIET VGS ÅLESUND AS: årsregnskap 2016 vs 2015

A steady year on the published lines

approved 2017-05-31; registry 2017-06-14; journal 2017 439705

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for AKADEMIET VGS ÅLESUND AS. Revenue 37.57m NOK → 38.01m NOK (+1.2%). Net result +5 460 NOK → +6 429 NOK. Equity 667.8k NOK → 674.2k NOK.

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

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

Scorecard

Revenue
37.57m NOK 38.01m NOK
+1.2%
Operating result
+32.1k NOK +2 749 NOK
-91.4%
Net result
+5 460 NOK +6 429 NOK
+17.7%
Equity
667.8k NOK 674.2k NOK
+1.0%
Cash
9.55m NOK 11.73m NOK
+22.9%
Total assets
12.65m NOK 15.44m NOK
+22.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 37.57m NOK to 38.01m NOK (+1.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 667.8k NOK → 674.2k NOK (equity ratio 5.3% → 4.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 9.55m NOK → 11.73m NOK (+22.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +32.1k NOK → +2 749 NOK (op. margin 0.1% → 0.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 4.20m NOK → 10 NOK (-100.0% YoY). Calculated