Org.nr 886 897 502 2016 → 2017 Year-over-year analysis

AKADEMIET VGS BERGEN AS: årsregnskap 2017 vs 2016

Grew 73% on revenue, stronger earnings, cash halved-plus

approved 2018-06-15; registry 2018-06-26; journal 2018 560506

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for AKADEMIET VGS BERGEN AS. Revenue 7.62m NOK → 13.17m NOK (+72.9%). Net result -4.19m NOK → -2.15m NOK.

On the constructive side: revenue rose; net result improved. Pressures included: cash fell.

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

Scorecard

Revenue
7.62m NOK 13.17m NOK
+72.9%
Net result
-4.19m NOK -2.15m NOK
+48.7%
Equity
-18.74m NOK n/m
—
Cash
919.3k NOK 300.8k NOK
-67.3%
Total assets
2.05m NOK 966.9k NOK
-52.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.62m NOK to 13.17m NOK (+72.9% YoY). Calculated

  • ↑

    Net result improved

    Net result -4.19m NOK → -2.15m NOK (net margin -55.0% → -16.3%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 919.3k NOK → 300.8k NOK (-67.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 254.3k NOK → 215.9k NOK (-15.1% YoY). Calculated