ACADEMIC WORK CONSULTING NORWAY AS: årsregnskap 2016 vs 2015
Shrank 73% on revenue
approved 2017-03-15; registry 2017-06-22; journal 2017 513276
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ACADEMIC WORK CONSULTING NORWAY AS. Revenue 334.3k NOK → 88.8k NOK (-73.4%). Net result +7 478 NOK → +7 794 NOK. Equity 882.3k NOK → 890.1k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
334.3k NOK
88.8k NOK
-73.4%
Operating result
-1 070 NOK
n/m
—
Net result
+7 478 NOK
+7 794 NOK
+4.2%
Equity
882.3k NOK
890.1k NOK
+0.9%
Cash
60.0k NOK
61.0k NOK
+1.6%
Total assets
953.7k NOK
946.4k NOK
-0.8%
What improved
-
↑
Equity strengthened
Book equity 882.3k NOK → 890.1k NOK (equity ratio 92.5% → 94.0%). Calculated
-
↑
Payroll decreased
Salary cost 81.62bn NOK → 7 NOK (24411192% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 334.3k NOK to 88.8k NOK (-73.4% YoY). Calculated