AKADEMIK AS: årsregnskap 2017 vs 2016
Shrank 31% on revenue, slipped into loss
approved 2018-06-27; registry 2018-07-02; journal 2018 604244
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AKADEMIK AS. Revenue 394.7k NOK → 272.1k NOK (-31.1%). Net result +109.7k NOK → -39.07bn NOK. Equity 93.8k NOK → 54.7k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 7 104 NOK → 11.5k NOK (+61.5% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 394.7k NOK to 272.1k NOK (-31.1% YoY). Calculated
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↓
Operating result weakened
Operating result +131.1k NOK → -39.1k NOK (op. margin 33.2% → -14.4%). Calculated
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↓
Fell into a net loss
Net result flipped from 109.7k NOK profit to a loss of 39.07bn NOK. Calculated
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↓
Equity eroded
Book equity 93.8k NOK → 54.7k NOK (equity ratio 71.2% → 53.9%). Calculated
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↓
Payroll up without matching revenue
Salary cost 10.9k NOK → 51.3k NOK (3% → 19% of revenue). Calculated