FirmaIQ
Org.nr 897 351 102 2016 → 2017 Year-over-year analysis

AKADEMIKLINIKEN OSLO AS: årsregnskap 2017 vs 2016

Shrank 5% on revenue, cash halved-plus

approved 2018-07-12; registry 2018-08-06; journal 2018 862111

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AKADEMIKLINIKEN OSLO AS. Revenue 27.75m NOK → 26.32m NOK (-5.1%). Equity -21.96m NOK → -46.70m NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer; sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AKADEMIKLINIKEN OSLO AS.

At a glance

Scorecard

Revenue
27.75m NOK 26.32m NOK
-5.1%
Equity
-21.96m NOK -46.70m NOK
-112.7%
Cash
3.16m NOK 1.12m NOK
-64.7%
Total assets
57.79m NOK 41.10m NOK
-28.9%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 27.75m NOK to 26.32m NOK (-5.1% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -21.96m NOK → -46.70m NOK (equity ratio -38.0% → -113.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 3.16m NOK → 1.12m NOK (-64.7% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 7.67m NOK → 12.65m NOK (+64.8% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -113.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (3.16m NOK → 1.12m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 18.79m NOK → 18.70m NOK. Reported fact