ACADEMIC WORK CONSULTING NORWAY AS: årsregnskap 2017 vs 2016
Shrank 68% on revenue
approved 2018-04-24; registry 2018-05-03; journal 2018 298592
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ACADEMIC WORK CONSULTING NORWAY AS. Revenue 88.8k NOK → 28.5k NOK (-67.9%). Net result +7 794 NOK → +1 047 NOK. Equity 890.1k NOK → 891.1k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
88.8k NOK
28.5k NOK
-67.9%
Net result
+7 794 NOK
+1 047 NOK
-86.6%
Equity
890.1k NOK
891.1k NOK
+0.1%
Cash
61.0k NOK
59.6k NOK
-2.3%
Total assets
946.4k NOK
927.0k NOK
-2.0%
What improved
-
↑
Equity strengthened
Book equity 890.1k NOK → 891.1k NOK (equity ratio 94.0% → 96.1%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 88.8k NOK to 28.5k NOK (-67.9% YoY). Calculated
-
↓
Net result weakened
Net result +7 794 NOK → +1 047 NOK (net margin 8.8% → 3.7%). Calculated
-
↓
Cash fell
Bank deposits 61.0k NOK → 59.6k NOK (-2.3% YoY). Calculated