AKADEMIET VGS BISLETT AS: årsregnskap 2014 vs 2013
Weaker earnings
approved 2015-04-29; registry 2015-08-19; journal 2015 725652
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AKADEMIET VGS BISLETT AS. Revenue 25.09m NOK → 25.24m NOK (+0.6%). Net result +754.2k NOK → +439.9k NOK. Equity -3.73m NOK → -3.22m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AKADEMIET VGS BISLETT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 25.09m NOK to 25.24m NOK (+0.6% YoY). Calculated
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↑
Equity strengthened
Book equity -3.73m NOK → -3.22m NOK (equity ratio -103.7% → -104.5%). Calculated
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↑
Cash rose
Bank deposits 885.2k NOK → 1.01m NOK (+14.7% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +754.2k NOK → +439.9k NOK (net margin 3.0% → 1.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -104.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 453.1k NOK → 435.5k NOK (-3.9% YoY). Calculated