AKADEMIET VGS BISLETT AS: årsregnskap 2016 vs 2015
Slipped into loss
approved 2017-04-04; registry 2017-08-22; journal 2017 875693
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AKADEMIET VGS BISLETT AS. Revenue 23.81m NOK → 23.95m NOK (+0.6%). Net result +547.4k NOK → -105.7k NOK. Equity -2.67m NOK → -2.77m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; cogs moved. 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 23.81m NOK to 23.95m NOK (+0.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +621.0k NOK → +56.5k NOK (op. margin 2.6% → 0.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 547.4k NOK profit to a loss of 105.7k NOK. Calculated
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↓
Equity eroded
Book equity -2.67m NOK → -2.77m NOK (equity ratio -120.9% → -148.5%). Calculated
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↓
Cash fell
Bank deposits 957.1k NOK → 736.5k NOK (-23.1% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -148.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 344.9k NOK → 412.8k NOK (+19.7% YoY). Calculated