AKADEMIET YPSILON VIDEREGÅENDE SKOLE AS: årsregnskap 2019 vs 2018
Weaker earnings
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AKADEMIET YPSILON VIDEREGÅENDE SKOLE AS. Revenue 26.00m NOK → 26.59m NOK (+2.3%). Net result -102.5k NOK → -533.1k NOK. Equity -1 957 NOK → -535.1k NOK.
On the constructive side: revenue rose. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs moved; 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 26.00m NOK to 26.59m NOK (+2.3% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result -102.5k NOK → -533.1k NOK (net margin -0.4% → -2.0%). Calculated
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↓
Equity eroded
Book equity -1 957 NOK → -535.1k NOK (equity ratio -0.0% → -13.3%). Calculated
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↓
Cash fell
Bank deposits 2.21m NOK → 1.66m NOK (-25.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -13.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 607.3k NOK → 737.3k NOK (+21.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 25.99m NOK → 26.59m NOK. Reported fact