FirmaIQ
Org.nr 911 732 912 2016 → 2017 Year-over-year analysis

AKADEMIET VGS SANDVIKA AS: årsregnskap 2017 vs 2016

Weaker earnings

approved 2018-02-12; registry 2018-03-19; journal 2018 237571

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AKADEMIET VGS SANDVIKA AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +32.8k NOK → +2 713 NOK. Equity -87.0k NOK → -33.7k NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: net result weakened.

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
+32.8k NOK +2 713 NOK
-91.7%
Equity
-87.0k NOK -33.7k NOK
+61.3%
Cash
459 NOK 11.3k NOK
+2355.1%
Total assets
459.9k NOK 11.3k NOK
-97.5%

What improved

  • ↑

    Equity strengthened

    Book equity -87.0k NOK → -33.7k NOK (equity ratio -18.9% → -298.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 459 NOK → 11.3k NOK (+2355.1% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.10× → 2.44×. Calculated

  • ↑

    Payroll decreased

    Salary cost 32.7k NOK → 3 455 NOK. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +32.8k NOK → +2 713 NOK. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -298.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation