Org.nr 992 332 018 2007 → 2008 Year-over-year analysis

ACADEMIC WORK HR SERVICE NORWAY AS: årsregnskap 2008 vs 2007

Grew 1115% on revenue

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for ACADEMIC WORK HR SERVICE NORWAY AS. Revenue 519 NOK → 6 305 NOK (+1114.8%).

On the constructive side: revenue rose. Pressures included: current ratio dropped below 1×.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ACADEMIC WORK HR SERVICE NORWAY AS.

At a glance

Revenue

519 NOK 6 305 NOK

+1114.8%

Operating result

n/m +75.8k NOK

—

Net result

n/m +44.3k NOK

—

Equity

n/m 194.3k NOK

—

Cash

n/m 715.9k NOK

—

Total assets

1 507 NOK 9 NOK

-99.4%

↑
Revenue rose

Operating income / revenue moved from 519 NOK to 6 305 NOK (+1114.8% YoY). Calculated

↓
Current ratio dropped below 1×

Current ratio 6.55× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Payroll increased

Salary cost 156 NOK → 5 945 NOK (30% → 94% of revenue). Calculated