Org.nr 992 332 018 2010 → 2011 Year-over-year analysis

ACADEMIC WORK HR SERVICE NORWAY AS: årsregnskap 2011 vs 2010

Grew 44% on revenue, stronger earnings

approved 2012-03-15; registry 2012-07-09; journal 2012 509034

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2011 with 2010 for ACADEMIC WORK HR SERVICE NORWAY AS. Revenue 18.24m NOK → 26.20m NOK (+43.7%). Net result +249.0k NOK → +363.0k NOK. Equity 567.2k NOK → 930.1k NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
18.24m NOK 26.20m NOK
+43.7%
Operating result
+359.5k NOK +483.8k NOK
+34.6%
Net result
+249.0k NOK +363.0k NOK
+45.8%
Equity
567.2k NOK 930.1k NOK
+64.0%
Cash
750.9k NOK 947.8k NOK
+26.2%
Total assets
4.82m NOK 5.75m NOK
+19.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 18.24m NOK to 26.20m NOK (+43.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +359.5k NOK → +483.8k NOK (op. margin 2.0% → 1.8%). Calculated

  • ↑

    Net result improved

    Net result +249.0k NOK → +363.0k NOK (net margin 1.4% → 1.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 567.2k NOK → 930.1k NOK (equity ratio 11.8% → 16.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 750.9k NOK → 947.8k NOK (+26.2% YoY). Calculated