FirmaIQ
Org.nr 992 332 018 2008 → 2009 Year-over-year analysis

ACADEMIC WORK HR SERVICE NORWAY AS: årsregnskap 2009 vs 2008

Grew 234805% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ACADEMIC WORK HR SERVICE NORWAY AS. Revenue 6 305 NOK → 14.81m NOK (+234805.3%). Net result +44.3k NOK → +123.9k NOK. Equity 194.3k NOK → 318.2k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

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

At a glance

Scorecard

Revenue
6 305 NOK 14.81m NOK
+234805.3%
Operating result
+75.8k NOK +282.9k NOK
+273.2%
Net result
+44.3k NOK +123.9k NOK
+179.9%
Equity
194.3k NOK 318.2k NOK
+63.8%
Cash
715.9k NOK 717.0k NOK
+0.1%
Total assets
9 NOK 3.49m NOK
+38748377.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6 305 NOK to 14.81m NOK (+234805.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +75.8k NOK → +282.9k NOK (op. margin 1202.3% → 1.9%). Calculated

  • ↑

    Net result improved

    Net result +44.3k NOK → +123.9k NOK (net margin 702.3% → 0.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 194.3k NOK → 318.2k NOK (equity ratio 2158633.3% → 9.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 715.9k NOK → 717.0k NOK (+0.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation