Org.nr 940 973 643 2010 → 2011 Year-over-year analysis

AKADEMIKA AS: årsregnskap 2011 vs 2010

Grew 66% on revenue, slipped into loss

approved 2012-03-22; registry 2012-09-18; journal 2012 782773

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for AKADEMIKA AS. Revenue 173.91m NOK → 288.17m NOK (+65.7%). Net result +831.6k NOK → -15.44m NOK.

On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: fell into a net loss.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AKADEMIKA AS.

At a glance

Revenue

173.91m NOK 288.17m NOK

+65.7%

Net result

+831.6k NOK -15.44m NOK

-1956.3%

Equity

12.65m NOK n/m

—

Cash

4.43m NOK 5.45m NOK

+23.1%

Total assets

91.04m NOK 157.07m NOK

+72.5%

↑
Revenue rose

Operating income / revenue moved from 173.91m NOK to 288.17m NOK (+65.7% YoY). Calculated
↑
Cash rose

Bank deposits 4.43m NOK → 5.45m NOK (+23.1% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.94× → 1.03×. Calculated

↓
Fell into a net loss

Net result flipped from 831.6k NOK profit to a loss of 15.44m NOK. Calculated

·
COGS moved

COGS / varekostnad 3.87m NOK → 3191.45bn NOK (+82486412.0% YoY). Calculated
·
Book investments changed

Investment / intangible book value 561.5k NOK → 127.3k NOK. Reported fact