Org.nr 992 332 018 2021 → 2022 Year-over-year analysis

ACADEMIC WORK HR SERVICE NORWAY AS: årsregnskap 2022 vs 2021

Grew 15% on revenue, stronger earnings

approved 2023-06-22; registry 2023-07-06; journal 2023 554282

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ACADEMIC WORK HR SERVICE NORWAY AS. Revenue 54.04m NOK → 62.11m NOK (+14.9%). Net result +177.4k NOK → +886.8k NOK. Equity 6.44m NOK → 7.33m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

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

Scorecard

Revenue
54.04m NOK 62.11m NOK
+14.9%
Operating result
+267.1k NOK +1.06bn NOK
+396282.3%
Net result
+177.4k NOK +886.8k NOK
+399.8%
Equity
6.44m NOK 7.33m NOK
+13.8%
Cash
2.47m NOK 2.35m NOK
-4.7%
Total assets
19.53m NOK 21.92m NOK
+12.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 54.04m NOK to 62.11m NOK (+14.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +267.1k NOK → +1.06bn NOK (op. margin 0.5% → 1704.7%). Calculated

  • ↑

    Net result improved

    Net result +177.4k NOK → +886.8k NOK (net margin 0.3% → 1.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 6.44m NOK → 7.33m NOK (equity ratio 33.0% → 33.4%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 2.47m NOK → 2.35m NOK (-4.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1 880 NOK → 7 249 NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 52 → 61.2. Reported fact