Org.nr 992 332 018 2023 → 2024 Year-over-year analysis

ACADEMIC WORK HR SERVICE NORWAY AS: årsregnskap 2024 vs 2023

Shrank 19% on revenue, weaker earnings

approved 2025-06-30; registry 2025-07-07; journal 2025 635981

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ACADEMIC WORK HR SERVICE NORWAY AS. Revenue 59.76m NOK → 48.61m NOK (-18.7%). Net result +925.1k NOK → +614.2k NOK. Equity 7.19m NOK → 7.12m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

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
59.76m NOK 48.61m NOK
-18.7%
Operating result
+871.0k NOK +386.6k NOK
-55.6%
Net result
+925.1k NOK +614.2k NOK
-33.6%
Equity
7.19m NOK 7.12m NOK
-1.0%
Cash
1.98m NOK 1.69m NOK
-14.8%
Total assets
21.04m NOK 19.36m NOK
-8.0%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 59.76m NOK to 48.61m NOK (-18.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +871.0k NOK → +386.6k NOK (op. margin 1.5% → 0.8%). Calculated

  • ↓

    Net result weakened

    Net result +925.1k NOK → +614.2k NOK (net margin 1.5% → 1.3%). Calculated

  • ↓

    Equity eroded

    Book equity 7.19m NOK → 7.12m NOK (equity ratio 34.2% → 36.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.98m NOK → 1.69m NOK (-14.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 7 249 NOK → 0 NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 63 → 52. Reported fact