AKADEMIET VGS MØRE AS: årsregnskap 2016 vs 2015
Shrank 26% on revenue
approved 2017-06-07; registry 2017-06-15; journal 2017 460496
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AKADEMIET VGS MØRE AS. Revenue 19.36m NOK → 14.30m NOK (-26.2%). Equity -491.1k NOK → -2.75m NOK.
On the constructive side: operating result improved; cash rose. Pressures included: revenue fell; 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 improved
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↑
Operating result improved
Operating result +2 015 NOK → +2 017 NOK (op. margin 0.0% → 0.0%). Calculated
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↑
Cash rose
Bank deposits 462.8k NOK → 595.6k NOK (+28.7% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 19.36m NOK to 14.30m NOK (-26.2% YoY). Calculated
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↓
Equity eroded
Book equity -491.1k NOK → -2.75m NOK (equity ratio -11.5% → -127.2%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -127.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 1.11m NOK → 634.3k NOK (-43.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 286.5k NOK → 178.1k NOK. Reported fact