Org.nr 992 332 018 2018 → 2019 Year-over-year analysis

ACADEMIC WORK HR SERVICE NORWAY AS: årsregnskap 2019 vs 2018

Grew 14% on revenue

approved 2020-07-06; registry 2020-08-29; journal 2020 707811

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for ACADEMIC WORK HR SERVICE NORWAY AS. Revenue 55.06m NOK → 62.64m NOK (+13.8%). Equity 4.52m NOK → 5.46m 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
55.06m NOK 62.64m NOK
+13.8%
Operating result
n/m +1.22m NOK
—
Net result
n/m +930.7k NOK
—
Equity
4.52m NOK 5.46m NOK
+20.6%
Cash
2.12m NOK 2.26m NOK
+6.9%
Total assets
17.51m NOK 19.38m NOK
+10.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 55.06m NOK to 62.64m NOK (+13.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 4.52m NOK → 5.46m NOK (equity ratio 25.8% → 28.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.12m NOK → 2.26m NOK (+6.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 741 NOK → 267.7k NOK. Reported fact