FirmaIQ
Org.nr 911 732 912 2013 → 2014 Year-over-year analysis

AKADEMIET VGS SANDVIKA AS: årsregnskap 2014 vs 2013

Shrank 100% on revenue, stronger earnings, cash halved-plus

approved 2015-05-20; registry 2015-06-30; journal 2015 536102

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for AKADEMIET VGS SANDVIKA AS. Revenue 2 NOK → 0 NOK (-100.0%). Net result +9 745 NOK → +43.9k NOK. Equity 20.3k NOK → -23.7k NOK.

On the constructive side: net result improved. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AKADEMIET VGS SANDVIKA AS.

At a glance

Scorecard

Revenue
2 NOK 0 NOK
-100.0%
Operating result
+1 337 NOK n/m
—
Net result
+9 745 NOK +43.9k NOK
+350.6%
Equity
20.3k NOK -23.7k NOK
-216.8%
Cash
16.6k NOK 2 940 NOK
-82.3%
Total assets
20.3k NOK 2 940 NOK
-85.5%

What improved

  • ↑

    Net result improved

    Net result +9 745 NOK → +43.9k NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2 NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 20.3k NOK → -23.7k NOK (equity ratio 100.0% → -804.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 16.6k NOK → 2 940 NOK (-82.3% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 13.4k NOK → 40.3k NOK. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -804.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 3 605 NOK → 0 NOK. Reported fact