AKADEMIET VGS MØRE AS: årsregnskap 2015 vs 2014
Shrank 6% on revenue
approved 2016-07-22; registry 2016-08-23; journal 2016 846997
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AKADEMIET VGS MØRE AS. Revenue 20.62m NOK → 19.36m NOK (-6.1%). Equity -125.4k NOK → -491.1k NOK.
Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for AKADEMIET VGS MØRE AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 20.62m NOK to 19.36m NOK (-6.1% YoY). Calculated
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↓
Operating result weakened
Operating result +41.7k NOK → +2 015 NOK (op. margin 0.2% → 0.0%). Calculated
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↓
Equity eroded
Book equity -125.4k NOK → -491.1k NOK (equity ratio -3.4% → -11.5%). Calculated
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↓
Cash fell
Bank deposits 840.3k NOK → 462.8k NOK (-44.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -11.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 1.34m NOK → 1.11m NOK (-16.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 338.8k NOK → 286.5k NOK. Reported fact