Org.nr 886 897 502 2008 → 2009 Year-over-year analysis

AKADEMIET VGS BERGEN AS: årsregnskap 2009 vs 2008

Grew 6% on revenue

approved 2010-05-21; registry 2010-07-28; journal 2010 555288

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for AKADEMIET VGS BERGEN AS. Revenue 9.51m NOK → 10.13m NOK (+6.5%). Equity -6.59m NOK → -8.79m NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded.

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

At a glance

Revenue

9.51m NOK 10.13m NOK

+6.5%

Operating result

-2.22m NOK -1.90m NOK

+14.7%

Net result

-3.62m NOK n/m

—

Equity

-6.59m NOK -8.79m NOK

-33.3%

Cash

268.1k NOK n/m

—

Total assets

2.34m NOK 1.56m NOK

-33.4%

↑
Revenue rose

Operating income / revenue moved from 9.51m NOK to 10.13m NOK (+6.5% YoY). Calculated
↑
Operating result improved

Operating result -2.22m NOK → -1.90m NOK (op. margin -23.4% → -18.7%). Calculated

↓
Equity eroded

Book equity -6.59m NOK → -8.79m NOK (equity ratio -281.2% → -562.8%). Calculated

·
Thin equity buffer

Equity ratio is -562.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 308.3k NOK → 208.7k NOK (-32.3% YoY). Calculated