FirmaIQ
Org.nr 886 897 502 2014 → 2015 Year-over-year analysis

AKADEMIET VGS BERGEN AS: årsregnskap 2015 vs 2014

Shrank 13% on revenue, cash halved-plus

approved 2016-03-01; registry 2016-04-11; journal 2016 360876

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for AKADEMIET VGS BERGEN AS. Revenue 16.64m NOK → 14.40m NOK (-13.5%). Equity -12.62m NOK → -14.55m NOK.

Pressures included: revenue fell; equity eroded; cash fell.

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

At a glance

Scorecard

Revenue
16.64m NOK 14.40m NOK
-13.5%
Net result
n/m -1.93m NOK
—
Equity
-12.62m NOK -14.55m NOK
-15.3%
Cash
1.53m NOK 659.6k NOK
-56.8%
Total assets
3.35m NOK 1.51m NOK
-54.9%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 16.64m NOK to 14.40m NOK (-13.5% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -12.62m NOK → -14.55m NOK (equity ratio -377.2% → -964.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.53m NOK → 659.6k NOK (-56.8% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 331.7k NOK → 384.5k NOK (+15.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -964.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation