Org.nr 992 332 018 2017 → 2018 Year-over-year analysis

ACADEMIC WORK HR SERVICE NORWAY AS: årsregnskap 2018 vs 2017

Grew 29% on revenue

approved 2019-05-14; registry 2019-06-26; journal 2019 529270

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for ACADEMIC WORK HR SERVICE NORWAY AS. Revenue 42.72m NOK → 55.06m NOK (+28.9%). Equity 3.86m NOK → 4.52m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

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

Scorecard

Revenue
42.72m NOK 55.06m NOK
+28.9%
Equity
3.86m NOK 4.52m NOK
+17.2%
Cash
1.49m NOK 2.12m NOK
+41.7%
Total assets
13.44m NOK 17.51m NOK
+30.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 42.72m NOK to 55.06m NOK (+28.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 3.86m NOK → 4.52m NOK (equity ratio 28.7% → 25.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.49m NOK → 2.12m NOK (+41.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 12.5k NOK → 741 NOK. Reported fact