ACADEMIC WORK HR SERVICE NORWAY AS: årsregnskap 2020 vs 2019
Shrank 15% on revenue
approved 2021-06-25; registry 2021-07-31; journal 2021 564259
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACADEMIC WORK HR SERVICE NORWAY AS. Revenue 62.64m NOK → 53.48m NOK (-14.6%). Net result +930.7k NOK → +810.7k NOK. Equity 5.46m NOK → 6.27m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACADEMIC WORK HR SERVICE NORWAY AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 5.46m NOK → 6.27m NOK (equity ratio 28.2% → 34.5%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 62.64m NOK to 53.48m NOK (-14.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +1.22m NOK → +1.05m NOK (op. margin 1.9% → 2.0%). Calculated
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↓
Net result weakened
Net result +930.7k NOK → +810.7k NOK (net margin 1.5% → 1.5%). Calculated
-
↓
Cash fell
Bank deposits 2.26m NOK → 1.92m NOK (-15.3% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 267.7k NOK → 2 654 NOK. Reported fact