Org.nr 940 973 643 2004 → 2005 Year-over-year analysis

AKADEMIKA AS: årsregnskap 2005 vs 2004

Shrank 63% on revenue

Summary

What changed

Comparing Årsregnskap 2005 with 2004 for AKADEMIKA AS. Revenue 116.86m NOK → 42.74m NOK (-63.4%). Equity 9.12m NOK → 9.44m NOK.

On the constructive side: equity strengthened; owners injected capital. Pressures included: revenue fell; operating result weakened; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKADEMIKA AS.

At a glance

Revenue

116.86m NOK 42.74m NOK

-63.4%

Operating result

+9.69m NOK -1.95m NOK

-120.2%

Equity

9.12m NOK 9.44m NOK

+3.5%

Cash

1.36m NOK 1.24m NOK

-8.7%

Total assets

56.25m NOK 43.44m NOK

-22.8%

↑
Equity strengthened

Book equity 9.12m NOK → 9.44m NOK (equity ratio 16.2% → 21.7%). Calculated
↑
Owners injected capital

Paid-in equity rose 5.14m NOK → 5.79m NOK (+648.7k NOK). Reported fact

↓
Revenue fell

Operating income / revenue moved from 116.86m NOK to 42.74m NOK (-63.4% YoY). Calculated
↓
Operating result weakened

Operating result +9.69m NOK → -1.95m NOK (op. margin 8.3% → -4.6%). Calculated
↓
Cash fell

Bank deposits 1.36m NOK → 1.24m NOK (-8.7% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.18× → 0.38× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
COGS fell

COGS / varekostnad 75.39m NOK → 18.49m NOK (-75.5% YoY). Calculated