FirmaIQ
Org.nr 884 744 342 2016 → 2017 Year-over-year analysis

AKADEMIET VGS ÅLESUND AS: årsregnskap 2017 vs 2016

Stronger earnings

approved 2018-05-28; registry 2018-06-09; journal 2018 448358

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AKADEMIET VGS ÅLESUND AS. Revenue 38.01m NOK → 39.57m NOK (+4.1%). Net result +6 429 NOK → +192.2k NOK. Equity 674.2k NOK → 694.9k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

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

At a glance

Scorecard

Revenue
38.01m NOK 39.57m NOK
+4.1%
Operating result
+2 749 NOK +174.3k NOK
+6240.1%
Net result
+6 429 NOK +192.2k NOK
+2889.0%
Equity
674.2k NOK 694.9k NOK
+3.1%
Cash
11.73m NOK 18.20m NOK
+55.2%
Total assets
15.44m NOK 21.20m NOK
+37.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 38.01m NOK to 39.57m NOK (+4.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2 749 NOK → +174.3k NOK (op. margin 0.0% → 0.4%). Calculated

  • ↑

    Net result improved

    Net result +6 429 NOK → +192.2k NOK (net margin 0.0% → 0.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 674.2k NOK → 694.9k NOK (equity ratio 4.4% → 3.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 11.73m NOK → 18.20m NOK (+55.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 10 NOK → 23.79m NOK (0% → 60% of revenue). Calculated