AKADEMIET YPSILON VIDEREGÅENDE SKOLE AS: årsregnskap 2018 vs 2017
Grew 5% on revenue, slipped into loss
approved 2019-05-31; registry 2019-06-26; journal 2019 536662
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AKADEMIET YPSILON VIDEREGÅENDE SKOLE AS. Revenue 24.71m NOK → 26.00m NOK (+5.2%). Net result +869.4k NOK → -102.5k NOK. Equity 100.6k NOK → -1 957 NOK.
On the constructive side: revenue rose. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for AKADEMIET YPSILON VIDEREGÅENDE SKOLE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 24.71m NOK to 26.00m NOK (+5.2% YoY). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 869.4k NOK profit to a loss of 102.5k NOK. Calculated
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↓
Equity eroded
Book equity 100.6k NOK → -1 957 NOK (equity ratio 1.6% → -0.0%). Calculated
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↓
Cash fell
Bank deposits 3.30m NOK → 2.21m NOK (-33.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 655.9k NOK → 607.3k NOK (-7.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 24.68m NOK → 25.99m NOK. Reported fact