FirmaIQ
Org.nr 940 973 643 2011 → 2012 Year-over-year analysis

AKADEMIKA AS: årsregnskap 2012 vs 2011

Cash halved-plus

approved 2013-04-15; registry 2013-09-05; journal 2013 752471

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for AKADEMIKA AS. Revenue 288.17m NOK → 283.34m NOK (-1.7%).

Pressures included: revenue fell; cash fell; current ratio dropped below 1×.

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

At a glance

Scorecard

Revenue
288.17m NOK 283.34m NOK
-1.7%
Net result
-15.44m NOK n/m
—
Cash
5.45m NOK 218.9k NOK
-96.0%
Total assets
157.07m NOK 115.62m NOK
-26.4%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 288.17m NOK to 283.34m NOK (-1.7% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 5.45m NOK → 218.9k NOK (-96.0% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.03× → 0.94× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (5.45m NOK → 218.9k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 3191.45bn NOK → 3.20bn NOK (-99.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 127.3k NOK → 5.12m NOK. Reported fact