FirmaIQ
Org.nr 992 332 018 2011 → 2012 Year-over-year analysis

ACADEMIC WORK HR SERVICE NORWAY AS: årsregnskap 2012 vs 2011

Grew 30% on revenue, cash halved-plus

approved 2013-03-06; registry 2013-05-30; journal 2013 419485

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2012 with 2011 for ACADEMIC WORK HR SERVICE NORWAY AS. Revenue 26.20m NOK → 33.95m NOK (+29.6%). Equity 930.1k NOK → 388.3k NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

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
26.20m NOK 33.95m NOK
+29.6%
Operating result
+483.8k NOK n/m
—
Net result
+363.0k NOK n/m
—
Equity
930.1k NOK 388.3k NOK
-58.3%
Cash
947.8k NOK 340.5k NOK
-64.1%
Total assets
5.75m NOK 9.40m NOK
+63.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 26.20m NOK to 33.95m NOK (+29.6% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 930.1k NOK → 388.3k NOK (equity ratio 16.2% → 4.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 947.8k NOK → 340.5k NOK (-64.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation