AKADEMIET VGS BRAGERNES DRAMMEN AS: årsregnskap 2017 vs 2016
Shrank 6% on revenue
approved 2018-05-28; registry 2018-06-07; journal 2018 422826
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AKADEMIET VGS BRAGERNES DRAMMEN AS. Revenue 14.83m NOK → 13.99m NOK (-5.6%). Equity 119.4k NOK → 129.6k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for AKADEMIET VGS BRAGERNES DRAMMEN AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 119.4k NOK → 129.6k NOK (equity ratio 5.1% → 4.2%). Calculated
-
↑
Cash rose
Bank deposits 864.9k NOK → 898.7k NOK (+3.9% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 14.83m NOK to 13.99m NOK (-5.6% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 4.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 832.9k NOK → 579.8k NOK (-30.4% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 14.82m NOK → 13.99m NOK. Reported fact