AKADEMIET VGS BERGEN AS: årsregnskap 2016 vs 2015
Shrank 47% on revenue, weaker earnings
approved 2017-05-30; registry 2017-06-14; journal 2017 442443
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AKADEMIET VGS BERGEN AS. Revenue 14.40m NOK → 7.62m NOK (-47.1%). Net result -1.93m NOK → -4.19m NOK. Equity -14.55m NOK → -18.74m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKADEMIET VGS BERGEN AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 659.6k NOK → 919.3k NOK (+39.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 14.40m NOK to 7.62m NOK (-47.1% YoY). Calculated
-
↓
Net result weakened
Net result -1.93m NOK → -4.19m NOK (net margin -13.4% → -55.0%). Calculated
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↓
Equity eroded
Book equity -14.55m NOK → -18.74m NOK (equity ratio -964.0% → -915.1%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 384.5k NOK → 254.3k NOK (-33.9% YoY). Calculated