Org.nr 886 897 502 2012 → 2013 Year-over-year analysis

AKADEMIET VGS BERGEN AS: årsregnskap 2013 vs 2012

Grew 42% on revenue

approved 2014-04-02; registry 2014-07-30; journal 2014 615195

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for AKADEMIET VGS BERGEN AS. Revenue 9.05m NOK → 12.87m NOK (+42.2%). Equity -10.04m NOK → -12.44m NOK.

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

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

At a glance

Revenue

9.05m NOK 12.87m NOK

+42.2%

Operating result

-3.90m NOK -2.40m NOK

+38.4%

Equity

-10.04m NOK -12.44m NOK

-23.9%

Cash

564.3k NOK 356.4k NOK

-36.8%

Total assets

7.32m NOK 2.94m NOK

-59.8%

↑
Revenue rose

Operating income / revenue moved from 9.05m NOK to 12.87m NOK (+42.2% YoY). Calculated
↑
Operating result improved

Operating result -3.90m NOK → -2.40m NOK (op. margin -43.1% → -18.7%). Calculated

↓
Equity eroded

Book equity -10.04m NOK → -12.44m NOK (equity ratio -137.1% → -422.7%). Calculated
↓
Cash fell

Bank deposits 564.3k NOK → 356.4k NOK (-36.8% YoY). Calculated

·
Thin equity buffer

Equity ratio is -422.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS moved

COGS / varekostnad 75.3k NOK → 170.1k NOK (+126.0% YoY). Calculated