FirmaIQ
Org.nr 911 732 912 2014 → 2015 Year-over-year analysis

AKADEMIET VGS SANDVIKA AS: årsregnskap 2015 vs 2014

Weaker earnings, cash halved-plus

approved 2016-05-12; registry 2016-07-12; journal 2016 666032

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for AKADEMIET VGS SANDVIKA AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +43.9k NOK → +30.5k NOK. Equity -23.7k NOK → -54.1k NOK.

On the constructive side: payroll decreased. Pressures included: net result weakened; equity eroded; cash fell.

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

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Net result
+43.9k NOK +30.5k NOK
-30.6%
Equity
-23.7k NOK -54.1k NOK
-128.9%
Cash
2 940 NOK 60 NOK
-98.0%
Total assets
2 940 NOK 857 NOK
-70.9%

What improved

  • ↑

    Payroll decreased

    Salary cost 40.3k NOK → 30.5k NOK. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +43.9k NOK → +30.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -23.7k NOK → -54.1k NOK (equity ratio -804.5% → -6317.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 2 940 NOK → 60 NOK (-98.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -6317.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation